eu takes ireland to court for not claiming apple tax windfall
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

EU takes Ireland to court for not claiming Apple tax windfall

Arab Today, arab today

Arab Today, arab today EU takes Ireland to court for not claiming Apple tax windfall

EU takes Ireland to court for not claiming Apple tax windfall
Brussels - Arab Today

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, a move labelled as “regrettable” by Dublin.

The Commission ordered the US 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.

The Commission said the deadline for Ireland to implement its decision had been Jan. 3 this year and that, until the aid was recovered, the company continued to benefit from an illegal advantage. Apple is appealing the case.   

Committed to collecting the money  
Ireland’s finance ministry said it had never accepted the Commission’s analysis in the Apple state aid decision, but was committed to collecting the money due pending Dublin’s own appeal of the ruling.

Ireland, it said, had been in constant contact with the Commission and Apple for more than a year and was close to setting up an escrow account. 

“It is extremely regrettable that the Commission has taken this action, especially in relation to a case with such a large scale recovery amount,” the ministry said in a statement.

Ireland, like the Benelux countries, faces criticism from bigger EU states that they are siphoning off tax revenues and the bloc’s governments are negotiating reforms.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

eu takes ireland to court for not claiming apple tax windfall eu takes ireland to court for not claiming apple tax windfall

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

eu takes ireland to court for not claiming apple tax windfall eu takes ireland to court for not claiming apple tax windfall

 



GMT 02:34 2018 Tuesday ,23 January

Royal support for cultural movement hailed

GMT 20:54 2017 Saturday ,09 September

Bahrain weather forecast

GMT 18:33 2017 Wednesday ,25 January

Carrick says Manchester United will go for it at Hull

GMT 03:01 2018 Wednesday ,10 January

Conjoined Gaza twins separated

GMT 04:47 2017 Sunday ,22 October

Vogue and VICE to launch editorial collaboration

GMT 22:10 2016 Thursday ,27 October

King reiterates Saudi support for Syrians

GMT 09:11 2017 Tuesday ,28 February

Samsung heir indicted for bribery, embezzlement

GMT 12:25 2017 Friday ,20 October

Trump gives self 10/10 for Puerto Rico response

GMT 12:52 2018 Monday ,15 October

UN chief slams polls-related attacks in Afghanistan

GMT 08:49 2018 Wednesday ,03 January

YouTube star apologizes for viral suicide video

GMT 23:06 2017 Wednesday ,20 December

Officers' Club celebrates National Days

GMT 12:14 2017 Wednesday ,13 December

Strikes kill 12 in rebel-run Yemen prison camp

GMT 21:51 2017 Tuesday ,22 August

42 civilians killed in raids in Raqqa

GMT 11:18 2017 Thursday ,16 February

Indonesian orangutan brutally killed and eaten
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday