White House ‘concerned’ EU tax penalty on Apple may hit US taxpayers

By: | Published: August 30, 2016 10:09 PM

The White House said on Tuesday it was concerned about a European Commission order for Apple Inc to pay billions in unpaid taxes to Ireland because it seemed TO undermine joint U.S.-EU progress on creating a more fair international tax system.

Barack Obama, Jack Ma, Alibaba, White House, Jack Ma Latest NewsWhite House spokesman Josh Earnest said it was possible the EU order for Apple to pay 13 billion euros (.5 billion) in back taxes could be unfair to U.S. taxpayers because Apple might be able to claim it in the United States as a tax deduction. (Reuters)

The White House said on Tuesday it was concerned about a European Commission order for Apple Inc to pay billions in unpaid taxes to Ireland because it seemed TO undermine joint U.S.-EU progress on creating a more fair international tax system.

White House spokesman Josh Earnest said it was possible the EU order for Apple to pay 13 billion euros ($14.5 billion) in back taxes could be unfair to U.S. taxpayers because Apple might be able to claim it in the United States as a tax deduction.

“We are concerned about a unilateral approach … that threaten to undermine progress that we have made collaboratively with the Europeans to make the international taxation system fair,” Earnest told a briefing.

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