Apple has been fined €13 bn by the European Union for “illegal” tax breaks. But what is the real cost to the tech giant? And what is the ethical fallout of a case that has divided the public and private sectors?
Legislative changes have made compliance a focus for companies over their lifespan. The law is tough, and will only get tougher. Companies cannot neglect any aspect of their observance of the law, because it applies to them all, in an integrated way. And it falls directly on the shoulders of executives, who are running out of excuses […]
The Panama Papers are nothing new, but some aspects like the volume of the data and amount of VIPs involved make this case of tax evasion different.