Bloomberg:
This story is based on interviews with dozens of officials from the EU, Ireland, and Apple, though most didn’t want to speak on the record discussing sensitive tax matters.
This is a fascinating read. Meet the key players in this drama, with a peek at some of the behind-the-scenes politicking.
Its hard for me to see this as anything other than a money grab by an opportunistic EU that wants to secure the tax revenue before it gets repatriated back in the U.S. Besides, what do they have to loose by suing Apple? Apple stores and iPhones?
Real question is, will the Republican-led Congress facilitate a reasonable repatriation of said tax revenue before the EU settles this case?
Either way, Apple will end up paying for their ‘pound of flesh’