Apple tax ruling verdict: Commission should propose ban of tax avoidance says Chair of EP tax committee

Pasquale Tridico, the new Chair of the EP's subcommittee on tax matters has reacted to today's decision of the EU Court of Justice.

Reacting to the decision of the Court confirming that Ireland's tax arrangements with Apple were illegal, Mr Tridico said:

“The European Court of Justice’s decision on the tax rulings granted by Ireland to Apple is historic. The tax advantages provided to multinationals are effectively considered as tax avoidance. This practice is incompatible with the internal market and drains valuable resources from public funds needed for education, health, poverty alleviation, and support for industrial sectors in crisis. We now expect the future European Commission to propose legislation that bans all forms of tax avoidance and competitive advantages for tech giants and large corporations within the European Union. Our fight for tax justice will go on, stronger than ever”.