Apple Inc had a record 13bn Euro fine for their Irish arrangement. Now Amazon will come under fire from their Luxembourg holdings. https://www.ft.com/content/7ce5bf96-a83d-11e7-ab55-27219df83c97 It's time the EU stops messing with tax avoidance. Tax avoidance is perfectly legal until some monster like the EU comes along and demands payment; this demand of payment undermines both local laws in countries in Europe and the policies held by MNC companies.
The case of Apple Inc is shocking because it proves all EU counties are just vassals of the EU parliament. Ireland should call for a review of the Apple Inc fine by the EU since it was all done under Irish law. Who is going to fine the EU over Greece? That's what I want to know.
Expect more retaliation on Euro goods. VW's Porsches etc. This battle won't be won in court. They are just picking a trade war with the US. We can expect no less from these people. Any innovative industry we create in our country will not be allowed to dominate their markets for long either.
