Despite its court defeat vs Apple earlier in the week, the European Commission doesn’t seem to be changing its approach when it comes to taxing tech firms. EU Observer reported comments from top EU officials.
“We do not consider it normal that the largest corporates get away with paying one percent tax at most,” European Commission executive vice-president Valdis Dombrovskis told reporters. “It is just not sustainable from a tax-fairness point of view, it is not sustainable from a public revenues point of view and it needs to be addressed,” he said. Paolo Gentiloni, the EU commissioner for economy, made similar comments. “A single ruling is not discouraging our commitment in this sense. I would say the contrary.”
Check It Out: EU Commission Still Angry at Apple Over Tax