Apple, may have to pay more than $ 8 billion in taxes in Europe. It is reported by the authoritative edition of Bloomberg.
According to journalists, as a result of investigation of the European Commission against Apple and its tax policies of major US companies could be fined more than $ 8 billion. In particular, the Commission found that the company used a subsidiary company registered in Ireland for tax on income generated outside the United States.
The European Commission argues that corporate collusion in Ireland, Apple expects profits and taxes by using more favorable for her accounting practices. In calculating taxes Apple indicates lower operating costs, thereby reducing the amount of taxes to the treasury of Ireland. Despite the fact that about 55% of its revenue Apple generates outside of the US, its foreign tax rate is about 1.8%. If the European Commission against Apple will choose a harder standard tax accounting, the company will have to pay 12.5% of the $ 64.1 billion in profits earned from 2004 to 2012.
Apple company , according to the Bloomberg, is going to appeal against the decision of the European Commission.
By the way, previously chief executive of Apple CEO Tim Cook has denied that the company uses a variety of tricks to avoid paying high taxes. In a recent interview with reporters CBS, commenting on criticism of US lawmakers to the company, he said that the US tax system is outdated and needs to be updated in view of the current economic situation, including the market of digital technology.
A spokesman for Apple Hyuget Christine And a representative of the European Commission, Ricardo Cardoso declined to comment on the information.