File this under another reason for countries to leave the European Union (EU). The trade bloc continues to take away national sovereignty as part of its crusade to save the European project.
The European Commission announced that it is filing a lawsuit against the government of Ireland because it has yet to collect $15.2 billion (€13 billion) in back taxes owed by Apple. The EU had ordered Ireland to take this money from the technology titan as part of an EU court decision last year.
Ireland was given a January 3, 2017 deadline, but the Irish leadership is likely to complete the tax collection by March 2018.
“More than one year after the commission adopted this decision, Ireland has still not recovered the money,” said EU Competition Commissioner Margrethe Vestager in a statement.
In addition, the EU announced that it is slapping Amazon with a $300 million (€250 million), plus interest, unpaid tax bill. Vestager confirmed in a tweet on Wednesday that Luxembourg’s tax benefits are illegal under EU rules.
Here is the tweet:
.@amazon tax benefits in Luxembourg are illegal under our common European rules on state aid. Amazon to repay benefits worth around €250 mio
— Margrethe Vestager (@vestager) 4 October 2017
Abolish the EU now!
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