According to the European Commission, the biggest company in the world, Apple, owes Ireland an astounding 13 billion euros in taxes. ( Mike Segar / REUTERS )According to the European Commission, the biggest company in the world, Apple, owes Ireland an astounding 13 billion euros in taxes. The European Commission’s ramped up investigations of “aggressive tax planning,” which produced the Apple ruling, are a result of the same anxiety. By 2014 Apple used this government-sanctioned shell-game to pay only .005 per cent in tax on its European profits. Article Continued BelowIf Apple was treated like any other company in Europe, it would have paid 13 billion euros in taxes between 2003 and 2014.

Source: thestar September 02, 2016 10:07 UTC