Apple ruling a lesson for Australia on how to clean up murky corporate tax practices
Responding to reports the European Commission has ordered US tech giant Apple to repay a record 13 billion euros (AU$19.73 billion) in back taxes after ruling a series of Irish tax deals were illegal, Oxfam’s Fair Economies Advocacy Manager Joy Kyriacou said:
“This ruling by the European Commission shows how much the public lose out when big companies do the wrong thing and governments don’t step in and stop them.