A year and a half ago, the European Commission initiated an investigation through which it wants to establish whether Apple was illegally favored by the Irish government and pays too little taxes for the profit registered in Europe.
Margrethe Vestager he is the European commissioner who heads the department that checks whether commercial legislation is respected in Europe and in a recent statement to the press he stated that the investigation initiated against Apple will not be completed very soon.
Amazon, McDonald's, Starbucks and other American companies are also being investigated by the European Commission, and their situation will be similar to that of Apple, that is, no one will be in a hurry to make any decision regarding the situation of the tax facilities received by them.
Apple recorded a profit of 64 billion dollars between 2004 and 2012 in Europe, and in Ireland it pays a tax of 1.8% on this profit instead of 12.5%, so it could have to pay taxes of 8 billion dollars if it will establish that he illegally benefited from tax reduction.
"Don't hold your breath," she told reporters in Brussels on Monday about the timing of decisions targeting Apple and online shopping giant Amazon.com Inc, whose tax affairs in Luxembourg are also under intense scrutiny. "I'm just warning you."
