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Belgium: European Commission competition head stresses tax ruling amid Apple debate02:36

Belgium: European Commission competition head stresses tax ruling amid Apple debate

Belgium, Brussels
September 1, 2016 at 16:12 GMT +00:00 · Published

Head of competition policy at the European Commission Margrethe Vestager answered questions about the Apple case in Ireland at a midday briefing in Brussels on Thursday.

The commissioner stated that while she understood that "there's a debate" around corporate taxation, that debate was "not for me." She stated that is was the "tax ruling and how it allows Apple to pay an effective tax rate of 0.005% in some years" that was "the issue here."

The politician went on to state that "this investigation could only take place when numbers came out in the public and they did so because of the hearings in the U.S," and said she felt that this event provided a "strong case for transparency."

Vestager suggested that the case gave rise to a series of questions: "Does this company have any employees? Do they have any activity? If they have no employees and no activity, then how come they make so much money? And if they make so much money, how come they don't pay any taxes?."

She ended on the note that, although these were important questions "you need the facts to pose them."

Belgium: European Commission competition head stresses tax ruling amid Apple debate02:36
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Head of competition policy at the European Commission Margrethe Vestager answered questions about the Apple case in Ireland at a midday briefing in Brussels on Thursday.

The commissioner stated that while she understood that "there's a debate" around corporate taxation, that debate was "not for me." She stated that is was the "tax ruling and how it allows Apple to pay an effective tax rate of 0.005% in some years" that was "the issue here."

The politician went on to state that "this investigation could only take place when numbers came out in the public and they did so because of the hearings in the U.S," and said she felt that this event provided a "strong case for transparency."

Vestager suggested that the case gave rise to a series of questions: "Does this company have any employees? Do they have any activity? If they have no employees and no activity, then how come they make so much money? And if they make so much money, how come they don't pay any taxes?."

She ended on the note that, although these were important questions "you need the facts to pose them."

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