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TexasTowelie

(112,442 posts)
Thu Oct 5, 2017, 12:16 AM Oct 2017

EU takes Ireland to court for not claiming Apple tax windfall

BRUSSELS (Reuters) - The European Commission said on Wednesday it was taking Ireland to the European Court of Justice for its failure to recover up to 13 billion euros ($15.3 billion) of tax due from Apple Inc (AAPL.O), a move labeled as “regrettable” by Dublin.

The Commission ordered the U.S. tech giant in August 2016 to pay the unpaid taxes as it ruled the firm had received illegal state aid, one of a number of deals the EU has targeted between multinationals and usually smaller EU states.

“More than one year after the Commission adopted this decision, Ireland has still not recovered the money,” EU Competition Commissioner Margrethe Vestager said, adding that Dublin had not even sought a portion of the sum.

“We of course understand that recovery in certain cases may be more complex than in others, and we are always ready to assist. But member states need to make sufficient progress to restore competition,” she added.

Read more: http://www.reuters.com/article/us-eu-apple-taxavoidance-court/eu-takes-ireland-to-court-for-not-claiming-apple-tax-windfall-idUSKCN1C913I

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EU takes Ireland to court for not claiming Apple tax windfall (Original Post) TexasTowelie Oct 2017 OP
The Irish government will correctly fight this every inch of OnDoutside Oct 2017 #1

OnDoutside

(19,972 posts)
1. The Irish government will correctly fight this every inch of
Thu Oct 5, 2017, 02:42 AM
Oct 2017

the way. Not that I'm an Apple fan but they entered a tax agreement with the Irish Revenue Service, quite openly and legally at the time.

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