The European Commission has recently announced that Ireland gave “illegal tax benefits” to Apple. Moreover, Ireland is forced to retroactively charge Apple with €13 billion due to this “unfair” treatment.
According to Greek and Roman mythology, Saturn devoured his own sons. The Commission runs the risk of doing something very similar.
Ireland was the poorest European nation just four decades ago is today one of the richest. This was achieved by transforming Ireland into one of the most desirable business locations in the world by combining the hard work of their citizens, a cooperative environment with business that focused on creating value, and intelligent use of tax competition.
The rule of law will be severely damaged if the Commission’s conclusion is upheld. Neither Apple nor Ireland think tax is due. How can the unelected EU force a payment of tax that neither party think is due? The EU is acting like the British Parliament when the Tea Act was introduced in 1773 – a group that thought it was fine to tax without representation.
The European Union and the Commission seem to be serving the interest of certain countries which dislike Irish tax policies. In fact, the EU is behaving as if it were a mere cartel of governments with high taxes. The tax harmonization agenda is being pushed now in an even more undemocratic way. If this continues, the results will be catastrophic. We are living in a post Brexit Europe, where such impositions can only lead to a Pyrrhic victory.
The AEC’s fundamental goal is to promote a free, responsible and prosperous society. Through education and improving public understanding of key economic questions, the AEC promotes the idea of a free market economy and the ideal of a free society.