Apple has a very large market in the world, and it can be said that it has earned most of the profits in the global mobile phone market, which has also brought very good performance to Apple. However, while making so many profits, Apple did not suffer the corresponding taxes like other countries, because it would make other companies follow suit and cause great fluctuations in the global economy. Because once this phenomenon appears on a large scale, it will make it difficult for EU countries to collect taxes and develop their own economies.
Therefore, the European Union has imposed a huge fine on Apple to warn other companies not to be like Apple. So this will be an example, but it will also have a great impact on a company with high-tech strength like Apple. Because this will make Apple bear the notoriety of tax evasion, but it will make Apple suffer more severe sanctions from other countries in future business and trade. And generally, in a country like this company, he will not allow his own enterprise to conduct trade cooperation with Apple.
So Apple is also actively defending its reputation. If it pays so much tax, it will cause a chain reaction in other countries, leading to financial difficulties for Apple, which will lead to the closure or bankruptcy of Apple.