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EU sues Ireland over Apple tax pact

by on04 October 2017

Ireland ignored Apple's $15.3 billion owed tax

Ireland's relationship with Apple was so cosy it allowed Jobs' Mob to avoid paying more than $15.3 billion in tax, according to the European Commission.

The European Commission is taking Ireland to the European Court of Justice for its failure to recover $15.3 billion of tax due from the fruity cargo cult.

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,  Competition Commissioner Margrethe Vestager said in a statement.

She said in a statement that a year after the Commission adopted this decision, Ireland has still not recovered even a little bit of the cash.

“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 January 3 this year and that, until the aid was recovered, Apple continued to benefit from an illegal advantage.

Last modified on 04 October 2017
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