Apple CEO says EU tax ruling ‘total political crap’: Irish Independent

by Reuters  |  published on September 1, 2016


The European Union’s imposition of a 13 billion euro ($14.5 billion) back tax bill on Apple (AAPL.O) is “total political crap”, Chief Executive Tim Cook said in a newspaper interview on Thursday, and anti-U.S. bias may have played a role.

But in a separate radio interview he vowed to boost Apple’s tax payments by repatriating billions of dollars in global profits to the United States next year.

On Tuesday, EU Competition Commissioner Margrethe Vestager questioned how anyone might think an arrangement that allowed Apple to pay a tax rate of 0.005 percent, as Apple’s main Irish unit did in 2014, was fair.

“They just picked a number from I don’t know where,” Cook told the Irish Independent, estimating Apple’s average annual tax on its profits at 26 percent.

Cook said he would fight closely with Ireland to overturn the ruling, which he said had “no basis in law or in fact”. It is by far the largest anti-competition penalty imposed on a company by the EU.

  • Walter Flatt

    THIS IS GOOD, IT IS TIME SOMEONE MADE THEM PAY THEIR FAIR TAX.

    FROM A KOREAN WAR VET 51/53, A REGISTERED DEMOCRAT BUT NOT A ZOMBI, AND A CHRISTIAN.

    THE GOVERNMENT PASSED A LAW IN 1952 BARRING ALL MUSLIMS NONE IS HERE LEGALLY AND THAT INCLUDE OBAMA A PROFESSED MUSLIM.

    IS HILLIARY ON DOPE? GOOGLE THE NEW CLINTON CHRONICLES 2015, NO AMERICAN, REGARDLESS IF YOU ARE A DEMOCRAT, REPUBLICAN, INDEPENDENT, CHRISTIAN, COP, VETERN, SOLDIER, HOW COULD YPU POSSIBLE THINK SHE WOULD BE BEST FOR OUR COUNTRY.

    HAS HILLARY AND OBAMA, KERRY, SOROS, AND THE BIASED MEDIA, SET THE USA UP FOR A MUSLIM INVASION? IF NOT, YOU SHOULD READ THE WHYS BELOW AND DECIDE YOURSELF.

    COAT YOUR BULLETS WITH PIG GREASE OR BLOOD AND LET THE WORLD KNOW THAT ANY MUSLIM KILLED WILL BE BURIED WITH PIG PARTS.

    WHY WAS OBAMA ALLOWED TO SWEAR IN CAROLYN WALKER IN AS JUDGE IN THE 7TH MUNICIPAL DISTRICT IN BROOKLING USING THE QURAN. SHE SHOULD BE RECALLED IMMEDIATELLY.

    WHY ARE THEIR 5 MUSLIM CAMPS ONE AT FAIRFAX, FALLS CH, RED HOUSE, MEHERRIN, BETHANY VA. ARE THEY TO INVADE WASH.DC? YOU SHOULD FIND OUT.

    WHY IS THE TAX PAYER FORCED TO FEED AND CLOTH THE PEOPLE THAT ARE TRYING TO KILL US.

    IF YOU WANT A LIST OF THE TOWNS THEY ARE CLOSE TO, CONTACT ME.

    SINCE OUR TROOPS ARE NOT ARMED, YOU CAN TAKE 100 WELL ARMED PEOPLE THAT WANT TO KILL US & TAKE ANY MILITARY BASE IN THIS COUNTRY.

    BETTER WAKE UP & ALLOW OUR TROOPS TO CARRY LOADED GUNS. TODAY OUR CAMPS ARE A FREE KILLING ZONE.

    WHY DO YOU THINK THE MUSLIM MAJOR KILLED SO MANY IN TEXAS & HE IS STILL LIVING???.WHY?

    I CALLED AND VERIFIED THE MUSLIM CAMP CLOSE TO FT. CAMPBELL & A LADY VERIFIED THE FEMA CAMP WITH ARMED GUARDS IN EAST KY. AND THE ONE IN SHAWNEE NATIONAL FORREST IN SOUTHERN ILL. FOR GODS SAKE AND OUR COUNTRY WAKE UP.

    WHY GIVE 5 TERRIOSTS FOR ONE TRAITOR. FOLKS IT GOES ON & ON, WAKE UP AMERICA.

    WHY GIVE 150 BILLION AND ANOTHER 400 MILLION TO IRAN TO FUND A HYDROGEN BOMB, AND TERRIOST?

    WHY STOP THE SHIPMENT OF PLANES & TANKS TO EGYPT WHEN THEIR ARMY KICKED THE RADICALS OUT. I KNOW THERE IS A LOT OF WHYS, AND THERE ARE MORE, SUCH AS,

    WHY IS OBAMA & HILLARY TRYING TO BRING IN 160 THOUSAND MUSLIMS?

    WHY TRY AND TAKE OUR GUNS

    WHY DID THEY TRY & BUY UP ALL AMM0

    WHY HAS OUR GOVERNMENT BUILT A FEMA CAMP IN EVERY STATE, SOME MORE THAN ONE. IS IT TO HOUSE MUSLIMS FOR THE TAX PAYER TO FEED?

    WHY HAS THIS GOVERNMENT ALLOWED 35 MUSLIM CAMPS HERE IN THE USA & ONE 9 MILES OVER IN MEXICO, FIVE ARE IN NORTH VIRGINIA. COULD IT BE TO TAKE WASHINGTON?

    GOOGLE THE NEW CLINTON CHRONICLES. COULD THIS BE THE REASON THEY WANT OPEN BORDERS. IS SHE ON DOPE? HOW CAN ANY CHRISTIAN, VET OR COP VOTE FOR ANYTHING LIKE THIS.

    VOTE DONALD TRUMP TO STOP THIS INSANE DESTROYING OF AMERICA.

    • Maxinecladd3

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  • justinwachin

    Government produces nothing but bureaucracy. Therefore they have to get their money from companies which produce something of value. That is what is happening with Apple. This company is highly successful and wealthy. The EU wants to confiscate Apple’s wealth so they can use it to bankroll the EU’s irresponsible spending.

    This move by the EU is likely to have some unintended consequences. One consequence is many companies may rethink their decision to base their operations in Europe. If the EU will go after Apple there is nothing to stop them from looting every other company in their confederation of nations.

    If the United States would adopt a sane tax policy much of this money might return home where it could be invested in our nation.

  • Rodney Steward

    The EU, is like the UN,both are useless and have the same goal, CONTROL!!

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