Ireland to challenge EU ruling on Apple’s $14.5 billion tax bill

From ArsTechnica:

Irish ministers confirmed on Friday, after days of talks, that they will appeal against the European Union’s Apple tax ruling.

Earlier this week, Ireland was ordered by the European Commission, the executive arm of the EU, to reclaim €13 billion plus interest in back taxes from Apple.

The issue initially threatened to split the government with independent ministers saying they were reluctant to challenge the decision.

On Tuesday, the EU’s competition chief Margrethe Vestager said that a two-year investigation into so-called sweetheart tax deals in 1991 and 2007 had found Apple guilty of receiving illegal state aid from Ireland. It had allowed Apple to pay an effective corporate tax rate of one percent on its European profits in 2003, down to as low as 0.005 percent in certain years, according to Vestager.

Apple's boss Tim Cook has accused the EU of "total political crap" over its tax arrangements with Ireland.
Enlarge / Apple’s boss Tim Cook has accused the EU of “total political crap” over its tax arrangements with Ireland.
Andrew Cunningham

Apple has vehemently disputed the claim and said it will appeal against the ruling.

The Irish government has similarly denied any wrongdoing. Immediately after Vestager revealed her decision, Finance minister Michael Noonan said Ireland must launch an appeal against it. But independent ministers resisted and the cabinet failed to reach agreement on Wednesday.

On Friday afternoon a compromise was finally reached during a short cabinet …

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