Apple Ireland Ruling Could Be the End of Easy European Tax Deals
- Other companies face similar scrutiny of their EU taxes
- Apple’s Irish strategy ‘most brazen’ of big U.S. tech firms
Toogood: Global Corporate Tax Structure Is Ridiculous
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The days when big U.S. technology companies could easily slice tax bills in Europe are coming to an end.
For decades, businesses like Apple Inc. that generate significant revenue abroad flocked to Ireland, the Netherlands and Luxembourg, where they counted on amenable fiscal regimes to reduce their tax, even if they had minimal operations on the ground.