León Fernando del Canto on The Times: Direct tax is a sovereign responsibility of individual EU states
León Fernando del Canto on The Times: “Direct tax is a sovereign responsibility of individual EU states”
The British journal The Times has published some statements of our Managing Partner León Fernando del Canto on the current €13bn’s fine that the European Commission has ordered Apple to pay to Ireland in back taxes.
On the news item titled “Apple, state aid, and ‘illegal’ tax breaks“, the journalist Edward Fenneil analyses the legal consequences that this decision could be both the American multinational both Ireland.
The article publishes prestigious British jurists and lawyers’ opinions, closing with Fernando del Canto‘s words. He states that the way the EC has calculated these figures is far beyond its power in a supposed state’s case aid; and besides the media and social interest that this case is provoking, “there are no legal arguments to portray it as a tax case”.
Del Canto reminds that “direct tax is and will be a sovereign responsibility of individual EU states” . He foresees that Ireland will win the case on appeal.