On Tuesday morning, the governing body of the European Union ruled that one of its members, Ireland, had broken its rules by allowing U.S.-based Apple Inc. to pay a tax rate of 1 percent — and sometimes as little as .0005 percent. Ireland's regular tax rate is 12.5 percent, and the E.U.'s rules state that members can't give special benefits […]
Source: http://www.washingtonpost.com/blogs/worldviews/wp/2016/08/30/how-the-e-u-s-ruling-on-apple-explains-why-brexit-happened/
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