Home
Others
Others News
Apple Tax Case: Ireland to Formally Submit Appeal This Week

Apple Tax Case: Ireland to Formally Submit Appeal This Week

By Reuters | Updated: 9 November 2016 11:48 IST

Click Here to Add Gadgets360 As A Trusted Source

Ireland's government will this week formally submit its appeal against the European Commission's multi-billion-euro demand for back taxes from Apple, Finance Minister Michael Noonan said on Tuesday.

Ireland's cabinet agreed in September to join the iPhone maker in appealing the Commission's order that the US tech giant pay up to EUR 13 billion (roughly Rs. 97,553 crores) to Dublin after ruling the firm had received illegal state aid.

(Also see: EU Tax Move on Apple Not Anti-US Bias: Vestager)

Dublin is seeking to protect a tax regime that has attracted many multinational employers. The European Commission decision has also angered Washington, which accuses it of trying to grab tax revenue that should go to the United States.

"The government fundamentally disagrees with the European Commission's analysis and the decision left no choice but to take an appeal to the European Courts and this will be submitted tomorrow," Noonan told a European Parliament committee in Brussels.

Comments

Get your daily dose of tech news, reviews, and insights, in under 80 characters on Gadgets 360 Turbo. Connect with fellow tech lovers on our Forum. Follow us on X, Facebook, WhatsApp, Threads and Google News for instant updates. Catch all the action on our YouTube channel.