US warns Europe over plan to demand millions in unpaid taxes from Apple

US warns Europe over plan to demand millions in unpaid taxes from Apple

The US has warned the European commission that it will consider retaliating if Brussels goes ahead with plans to demand billions of dollars in unpaid taxes from Apple and other US multinational companies. The Obama administration warned the EU on Wednesday that its investigations into alleged tax avoidance by US firms, including Apple, Amazon and Starbucks, could "create an unfortunate international tax policy precedent".

theguardian.com