Apple finally agrees with Europe? It’s Tim Cook who says it!

Like many of the companies that run the tech world,Apple benefits from the very liberal policy ofIrelandto pay less taxes. L’tax evasionis far from being illegal yet, however it has an increasing chance of being drastically regulated on the old continent. The European Commission is in fact studying this scheme closely and is seriously considering fairer alternatives.

Right now,Tim Cookis traveling to the island of clover to, as usual, visit its teams on site and stakeholders linked to the activity of its company. And this, shortly afterhave traveled to Asiawith a similar objective.

It's time to reform the system

The protégé of Steve Jobs expressed himself thusin favor of reshaping European taxes, which, according to him, are “not perfect“. And this is the case from the point of view of the OECD, which intends to review its legislation in order to make subterfuges like the one from whichAppleless accessible than today.

Celebrating 40 years of Apple in Ireland with our remarkable and growing team at Hollyhill! Your hard work and dedication to our customers and the communities we serve reflects the best of what we stand for. Here’s to the next 40! ??pic.twitter.com/ADiRz3yoOP

— Tim Cook (@tim_cook)January 20, 2020

If its position is surprising given that Cupertino saves billions thanks to this strategy, it nevertheless proves that the power of an organization like the EEC is still capable of competing with that of a firm present in almost as many countries. Especially whenfines of several hundred million eurosawait the culprits. And if an agreement ends up being reached between the two parties, then that would be theend of an erafor the majority of multinationals.

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By : Keleops AG