An EU investigation which is said to be the longest running one in regards to the tax arrangement of Apple in Europe does not seem to be reaching to an end. By the looks of it, the UK tax Bill‘s size last year did not seem to help the cause in any way.

The latest accounts of Apple shown that even though the company had made a $2.6 Billion or £2B estimate profit in the country, the UK corporation tax that the company paid was around $17M or £12.9M. If you look at the global sales that the company makes in two hours, this would be equivalent to what had been noted by the Mail Online.

In Ireland, out of the many tech companies that have made it their base for their European headquarters, Apple is also one of the names that are in the list. With this arrangement; it gives companies to book the profits they make instead of the sales. The amount of corporation tax that is paid is said to be only a fraction in comparison to what would actually be due.

In comparison to the 12.5% tax rate of Ireland which is said to be a standard one, the corporate tax rate in Britain is 20%. However between the Irish Government and Apple, there was a negotiation which resulted in a special arrangement where in it was agreed upon that Apple would pay 2.5% as corporation tax. As per the belief of EU, it states that the arrangement that has been made is not legal.

It is declared that the arrangement which has been made is illegal, then the fault is not of Apple but of the Irish government due to the fact that law has been broken by them. In this case, the back ‐ tax would still have to be paid by the company which would be $8B as an estimate. This may likely to happen due to the fact that both Facebook and Google also have agreed in paying more tax in an arrangement that is said to be similar.