The US has launched a stinging attack on the European Commission in a last ditch bid to dissuade Brussels from hitting Apple with a demand for billions of euros in underpaid taxes.
The US Treasury department issued a rare warning yesterday that Brussels was becoming a “supranational tax authority” that threatened international agreements on tax reform.
The criticism came as the commission was finalising a probe into an alleged sweetheart tax deal that Ireland gave to Apple, the biggest single case in a crackdown on corporate tax avoidance across the EU. A definitive ruling is expected next month.
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