Belfast Telegraph

EU to order Republic of Ireland demand back taxes from Apple in excess of €1bn

By Donal O'Donovan

The European Competition authority will order the Republic of Ireland to demand back taxes from Apple thought to run more than €1bn on Tuesday.

It follows a two year investigation that Brussels claims found Ireland's tax treatment of the technology giant - among the country's biggest employers, amounted to illegal State Aid.

The Republic and Apple say they'll appeal the ruling.

Critics, including the powerful US Treasury Secretary Jack Lew have accused Brussels of exceeding its remit with this and similar cases, mainly involving US multinationals.

The EU Commission has no authority to tell member states to change their tax rules, but it can act if it finds a company or companies gained an unfair advantage as a result of taxes being levied improperly.

The full ruling against Ireland is expected to be published early on Tuesday morning.


From Belfast Telegraph