Although corporation tax rates for businesses are set nationally, and are not subject to the EU’s jurisdiction, the trade bloc does have extensive powers to regulate state aid and in this case, it argued that by applying very low tax rates to Apple, Ireland was granting it an unfair subsidy.
source
Related Posts
Man charged with leaking Donald Trump tax returnsA 2020 article in The New York Times, which is thought to have been based on the leaked information, claimed that Mr Trump paid just $750 (£580) in federal income tax both in 2016, the year he ran for the US presidency, and in his first year in the White…