EU: Apple's Tax Benefits in Ireland Are Illegal

The European Competition Commissioner, Margaret Vestigo, has ordered Apple to repay €13 billion in tax benefits deemed illegal by the EU. This decision is part of a broader EU crackdown on unfair tax rulings, affecting several US companies. Ireland plans to appeal the decision, aiming to maintain its tax policies. The EU is also investigating other companies like Amazon and McDonald's, which could lead to further actions. The situation highlights tensions between EU regulations and national tax policies, with potential implications for US companies operating in Europe.

What implications does the EU's ruling have for other U.S. companies operating in Europe?

What is the Irish government's response to the EU's decision regarding Apple's tax benefits?