'No company can have selective benefits' - Brussels takes bite out of Apple

The European Commission (EC) has ordered US tech giant to pay a record tax penalty of 13 billion euros to the Irish government. Following a three-year investigation, the EC has ruled that for years Ireland enabled Apple to pay a tiny percentage of the tax that it should have. EC Commissioner for Competition Margrethe Vestager told euronews: "We see these 13 billion euros as unpaid taxes that, due to Irish tax rulings, allowed Apple to put a lot of their profits in a head office that only exist… READ MORE : http://www.euronews.com/2016/08/30/no-company-can-have-selective-benefits-brussels-takes-bite-out-of-apple What are the top stories today? Click to watch: https://www.youtube.com/playlist?list=PLSyY1udCyYqBeDOz400FlseNGNqReKkFd euronews: the most watched news channel in Europe Subscribe! http://www.youtube.com/subscription_center?add_user=euronews euronews is available in 13 languages: https://www.youtube.com/user/euronewsnetwork/channels In English: Website: http://www.euronews.com/news Facebook: https://www.facebook.com/euronews Twitter: http://twitter.com/euronews Google+: http://google.com/+euronews VKontakte: http://vk.com/en.euronews