The European Court of Justice has ruled that Apple must pay Ireland €13 billion in back-taxes following years of legal wrangling
The Government will"carefully consider" what to do with €13 billion in back-taxes from Apple, the Finance Minister has said.
EU Competition Commissioner Margrethe Vestager originally ordered Apple to pay Ireland €13.1bn in 2016 – finding that the country had given companies owned by the US tech giant illegal tax aid.That aid related to the tax treatment of profits generated by Apple’s activities outside the United States - in particular, two tax ‘rulings’ by Revenue in 1991 and 2007 that, it said, offered Apple an unfair advantage over other corporate taxpayers.
"The Summer Economic Statement, published by the Government in July, has set out the available package for the Budget and Minister Donohoe and I will deliver Budget 2025 on October 1st in line with those parameters.""The Apple case involved an issue that is now of historical relevance only - the Revenue opinions date back to 1991 and 2007 and are no longer in force," he said.
News Apple Tax Apple Tax Funds Back-Taxes Budget 2025 Escrow Account Ireland Jack Chambers Margrethe Vestager Revenue
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