Tuesday 6 December 2016

The EU is coming after our corporate tax rate by stealth

Published 02/09/2016 | 02:30

People sign a petition outside the GPO over the €13bn in taxes that Apple now owes Photo: Mark Condren
People sign a petition outside the GPO over the €13bn in taxes that Apple now owes Photo: Mark Condren

The 'Apple tax case' is a strange beast indeed. Having promised to leave our corporate tax rate untouched, as a carrot to sign up to the Lisbon Treaty, it looks as if the EU is now coming after it by stealth.

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If it makes foreign investors nervous, the Germans and French might get a bigger slice of the action instead.

Perhaps it's more about that at the end of the day than the €13bn.

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