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Apple's Irish Tax Ruling Outlawed

by Jason Gorringe, Tax-News.com, London

30 August 2016


The European Commission has concluded that Ireland granted undue tax benefits of up to EUR13bn (USD14.5bn) to Apple.

Under EU state aid rules, member states must not provide selective advantages to companies – that is, confer tax perks to companies that put other companies in the same position at a disadvantage.

Commissioner Margrethe Vestager, in charge of competition policy, said: "Member states cannot give tax benefits to selected companies – this is illegal under EU state aid rules. The Commission's investigation concluded that Ireland granted illegal tax benefits to Apple, which enabled it to pay substantially less tax than other businesses over many years."

TAGS: tax | business | European Commission | Ireland | law | transfer pricing | Europe | BEPS

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