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On Tuesday it was announced that following a three-year investigation the European Commission had concluded the Irish tax benefits enjoyed by Apple were illegal. Both Ireland and Apple have criticised the record ruling and indicated they will appeal. Mr Farage believes the EU’s decision will put off investors intending to put money into EU nations and instead provide a Brexit boom for Britain. Speaking to talkRADIO Mr Farage said: “What this judgement from the European Commission shows is simply this: if you’re a member of the European Union, you’re not in charge of your own life.

GETTY Nigel Farage believes Apple's record tax penalty could aid post-Brexit Britain

“What retrospective taxation like this does is it puts off investors from putting money anywhere in Europe. “So for post-Brexit Britain, it’s very good indeed. “I think a post-Brexit Britain should have a very competitive corporation tax rate, and be encouraging as many companies as possible to headquarter in our country. “I want a simplification of all taxation within the UK and I think that would lead to huge benefits.” The outgoing Ukip leader said he believed both Ireland and Apple had done nothing wrong legally. Mr Farage, who recently visited the US to speak alongside Republican candidate Donald Trump, warned the EU aims to take control of all taxation in Europe.

REUTERS European Commissioner Margrethe Vestager

What retrospective taxation like this does is it puts off investors from putting money anywhere in Europe Nigel Farage

He added: “I do think that a judgement like this says whatever deal a company things it’s got in the European Union cannot be guaranteed if at some point at a future date the rules can be changed.” In a statement, Apple criticised the decision and warned it could damage jobs. The company said: “The European Commission has launched an effort to rewrite Apple's history in Europe, ignore Ireland's tax laws and upend the international tax system in the process.

Apple at 40: 5 Of Their Biggest Mistakes Fri, April 1, 2016 Apple has released a swathe of ground-breaking devices and services during its 40 year lifespan, but it has also suffered some colossal misfires. Here are five of Apple's worst mistakes during the last 40 years – Play slideshow GETTY 1 of 10 Holding an iPhone 4 in your left-hand resulted in dropped calls and lower signal