Apple CEO slams EU tax-dodging claims

clock • 2 min read

Tim Cook claims EU's ruling has 'no basis in fact or law'

Apple's CEO Tim Cook has hit back after the European Commission ruled that the global tech firm must pay €13bn (£11bn) in back taxes to Ireland. Apple has been running its European operations from Cork, Ireland, since 1980. The European Commission released a report yesterday stating that due to what it believes was a special deal with the Irish government, Apple paid one per cent tax in 2003, down to 0.005 per cent in 2014. But Cook (pictured) released a letter to customers on the compa...

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