Britain flutters eyelashes at Apple following European Commission tax ruling
‘Downing Street says it would “welcome any company” to the UK following a European Commission (EC) ruling which left tech-giant Apple facing a tax bill in Ireland of billions of euro.
The EC condemned Apple’s “sweetheart” tax deal with Dublin, which amounted to paying a mere £50 in tax for every £1 million in profit, and ruled the company must pay Ireland €13 billion (£11.1 billion, $14.5 billion) in unpaid taxes from 2003 to 2014.’
Read more: Britain flutters eyelashes at Apple following European Commission tax ruling
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