Ap­ple de­ci­sion not against US, says EC

The Myanmar Times - - International Business -

EURO­PEAN au­thor­i­ties’ de­ci­sion to slap Ap­ple with a huge bill for back taxes was not a de­ci­sion “against the US”, Euro­pean Com­mis­sion chief Jean-Claude Juncker said yes­ter­day.

The US$14.5 bil­lion de­mand for pay­ment from Ap­ple has raised hack­les in the US, with the White House de­cry­ing it as a “uni­lat­eral” ap­proach to rewrit­ing global tax­a­tion norms.

“It would be ab­surd to choose this ter­ri­tory of state tax­a­tion to at­tack the USA,” Mr Juncker said, adding that most of the EC’s mea­sures were against Euro­pean com­pa­nies. –

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