Thursday 1 September 2016

EU Commission Finds Apple Tax Benefits in Ireland Illegal


On 30th of August the European Commission issued a statement about its decision that Ireland granted undue tax benefits of up to €13 billion to Apple. This is illegal under EU state aid rules, because it allowed Apple to pay substantially less tax than other businesses. Ireland must now recover the illegal aid from Apple. There are no fines under EU State aid rules and recovery does not penalise the company in question. It simply restores equal treatment with other companies.

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