The European Commission accused Ireland in 2014 of dodging international tax rules by letting Apple shelter profits worth tens of billions of dollars from tax collectors in return for maintaining jobs. Apple and Ireland reject the accusation.
This isn’t just going to affect Apple, it will have consequences for many companies that do business in the EU.
Will the EU still have the jurisdiction/power to assess penalties after Brexit? Ireland is still in the EU, but not for long. And if Samsung has shown us anything, it’s how long you can drag legal matters out if you try.
Ultimately Apple etc will just shift to whoever is next cheapest for Tax. Could be anywhere, they don’t care.
Australia is changing it’s tax laws so that if you make profits here – you pay tax on them. You can’t defer it to Ireland or Singapore anymore.