France and Germany will follow the lead of other countries and look into tax loopholes used by Apple and other tech companies, according to a new report today from Bloomberg. Both countries plan on introducing proposals to address the tax issues next month:
The upcoming proposals from Germany and France follow a decision from EU antitrust regulators last year that allowed Ireland to recover 13 billion euros in illegal tax benefits from Apple.
France and Germany, the report explains, will also push for a broader aligning of tax systems among the 19 eurozone states.
