The tax-evasion case

With the launch of its iPhone 7 smartphone on the horizon,  #Apple has found itself in deep waters again. The European Commission has fined Apple with a staggering $14.5 billion billIn a controversial tax evasion case filed against Apple, the EC had made claims that the Irish #Government provided favorable and flexible terms to Apple in order to attract more jobs and financial investment in the country. "Ireland granted illegal tax benefits to Apple, which enabled it to pay substantially less tax than many other business over many years," said European Commissioner Margrethe Vestagar.

Both Apple and the Irish government have denied the claims made against them by the European Commission.

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The Irish government has since claimed that the low-tax law has been changed and no longer exists while Apple has made claims of paying Ireland's 12.5 percent tax-rate on the revenue it generated in the EU country.  

In retaliation, Apple CEO Tim Cook took a direct hit at the European Commission by claiming that the European Union's antitrust and tax agreement investigative body's aim is "which government collects money" and not "how much Apple pays in taxes". In a letter published August 31, 2016,  titled ' A message to the European Community', the CEO also blamed the EC's decision to fine Apple for job losses in Ireland and other European nations in the bloc. 

"The European Commission has launched a commission to rewrite Apple's history in Europe, ignore Ireland's tax laws and up-end the International tax system in the process," Apple CEO wrote in the open letter.

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 "The Commission's case is not how much Apple pays in taxes, it's about which government collects the money. It will have a profound and harmful effect on investment and job creation in Europe."

The Apple CEO claimed further to remain its operations in Ireland by stating that the company is  "committed to Ireland". 

"We are committed to Ireland and we plan to continue investing there, growing and serving our customers with the same level of passion and commitment," Apple chief Tim Cook wrote in the open letter published on the company's website Tuesday. 

The Turkish bait

Meanwhile, Turkey has invited Apple to move its international operations in the country to avoid the "European Bureaucracy". The Turkish Deputy Prime Minister Mehmet Simsek took to Twitter to announce his open invitation to Apple. "Apple should move to Turkey," Mehmet Simsek tweeted Tuesday. "Happy to provide generous tax incentives. Won't have to deal with EU bureaucracy." 

In a bait to lure the American tech giant to move its operations to his country, the Turkish Deputy PM is trying to display a modern Islamic and 'peaceful' image of the country in the wake of the recent Turkish military coup.

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Turkey has long been fighting for the right to become a part of the European Union bloc and having American brands such as Apple operating in a politically volatile environment would certainly boost the job sector as well as the country's economy in the long run. However, the Turkish PM offering tax-evasion earnings to an American company in a country already in a turmoil is not a brilliant idea.  #News