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Tim Cook: EU lied about Apple taxes. Watch out Ireland, this is a coup!

Anonymous Coward
Anonymous Coward

"Cook dismissed the figures, telling the Irish Independent: "In the year that the commission says we paid that tax figure, we actually paid $400m. We believe that makes us the highest taxpayer in Ireland that year.”"

So he is saying they paid ~5% tax then, if they had a profit margin of 20% (which as its apple is probably more). In 2014 they generated approx $40B ($8B in profit) in revenue in Europe which went through Ireland, which they paid $400m in tax.

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