Vestager said […] with the firm paying "an effective corporate tax rate of 1 per cent on its European profits in 2003 down to 0.005 per cent in 2014".
Except that post-Trump, with the new US corporate tax legislation, Apple have repatriated their profits and paid significant US tax on them, which rather shoots Vestager's original argument out of the water. Continuing to insist Apple pays tax to Ireland would let Trump demand more taxes from all EU companies trading in the US.
Biting the hand that feeds IT
