Apple's €13 billion ($14.8 billion) tax battle could hinge on a little-known Spanish case involving Santander bank and Autogrill España restaurants that has been knocking around the European Commission and courts for a decade. A final decision is expected soon.
USA v Facebook is about Big Law and big numbers. Since US tax authorities started auditing Facebook, the IRS has sent 200 requests for documents, interviewed nine Facebook employees and requested five extensions to the statute of limitations. That was just the warm-up.
Apple’s €13 billion ($14.8 billion) tax battle could hinge on a little-known Spanish case involving Santander and Autogrill España that has been knocking around the European Commission and courts for a decade. A final decision is expected in months.
Netflix, the entertainment streaming service with an estimated 5 million British subscribers, is the third US multinational in a week to reveal how much – or how little – UK corporate tax it pays.
The result of the European Commission’s investigation into Apple’s tax affairs has ruffled feathers on both sides of the Atlantic. Caroline Byrne sits down with Joe Kennedy to get a US perspective.
