EU Tax Move on Apple Not Anti-US Bias: Vestager

Advertisement
By Agence France-Presse | Updated: 20 September 2016 18:01 IST

Europe's powerful Competition Commissioner Margrethe Vestager said Monday that the EU order for Apple to pay $15 billion in taxes did not represent any bias against US companies.

Speaking hours after the European Union launched an in-depth probe into alleged sweetheart tax deals between French gas group Engie and Luxembourg, Vestager said the new case was evidence that the EU was going after all tax evaders.

Advertisement

"If you look at our practice, then you cannot find a US bias. You cannot find the statistics to back up any kind of bias," she said in Washington.

(Also see:  Apple Ruling Pushes Irish Government to the Brink)

The European Commission, the EU executive arm, last month ordered Apple to reimburse a record EUR 13 billion ($15 billion) in unpaid taxes in Ireland.

Advertisement

That came after US companies, including Starbucks, Amazon and Google parent Alphabet, have come under probes over the low profits tax they pay in Europe due to alleged sweetheart tax deals with certain governments.

When the Apple ruling was announced late last month, US Treasury Secretary Jacob Lew criticized it as unfairly targeting US companies.

Advertisement

(Also see:  Political? Mais Oui, of Course, EU Insiders Say of Apple Case)

Vestager, speaking at a news conference ahead of a meeting with Lew, said that of some 150 such tax rulings made by the European Commission since 2000, only two percent involved US companies.

Advertisement

She also said the tax hit on Apple was not a reprisal against US regulators' imposition of multibillion-dollar fines on European banks for violating US sanctions on other countries and for their involvement in the massive US subprime mortgage bond crisis.

Last week the US Justice Department proposed a record $14 billion fine against Deutsche Bank for its selling of high-risk mortgage bonds before the 2008 financial crisis.

"I am absolutely certain that the decision on Deutsche Bank is built on facts of the case and American legislation," Vestager said.

 

Get your daily dose of tech news, reviews, and insights, in under 80 characters on Gadgets 360 Turbo. Connect with fellow tech lovers on our Forum. Follow us on X, Facebook, WhatsApp, Threads and Google News for instant updates. Catch all the action on our YouTube channel.

Advertisement

Related Stories

Popular Mobile Brands
  1. Amazon Fire TV Stick HD (2026) Review
  2. Upcoming Smartphones in June: Motorola Edge 70 Pro+, Xiaomi 17T and More
  1. Propeller: One-Way Night Coach OTT Release: Where to Watch John Travolta’s Emotional Family Drama
  2. Mark OTT Release: Kannada Action Thriller Streaming on Amazon Prime Video
  3. Brothers and Sisters on OTT: Where to Watch the Emotional Family Drama Series
  4. The Pyramid Scheme OTT Release Date Revealed: Know When and Where to Watch it Online
  5. Most Powerful Neutrino Ever Detected May Have Come From a Blazar
  6. Faces Out on OTT: Know Where to Stream This Psychological Thriller Film Online
  7. Blue Origin’s New Glenn Rocket Explodes During Pre-Launch Test in Florida
  8. Activision to Shut Down Call of Duty: Warzone on PS4, Xbox One After Modern Warfare 4 Launch
  9. Vivo Over-Ear Noise-Cancelling Headphones Launched With Up to 75 Hours of Battery Life
  10. Motorola Edge 70 Pro+ Key Specifications Revealed Days Ahead of Launch in India on June 4
Download Our Apps
Available in Hindi
© Copyright Red Pixels Ventures Limited 2026. All rights reserved.