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@ 2015/10/06The finance minister of the Republic of Ireland has shrugged his shoulders at the idea that an inquiry into Apple’s taxation arrangements will harm the country.
Michael Noonan said today that he thinks the EU will make a decision by the end of the year whether Ireland’s special arrangements with Apple break EU rules.
But, he told Bloomberg, even if it goes against Ireland, the country will take the matter to the European Court of Justice and appeal it.
Apple has only paid two percent tax in Ireland over the last 10 years. The European Union has rules about giving companies special treatment.
Other EU investigations in Europe included deals with Starbucks in the Netherlands and Amazon in Luxembourg.
Apple has had a presence in Ireland for decades now – its inward investment body is the envy of similar outfits in Scotland, England and Wales.
Michael Noonan said today that he thinks the EU will make a decision by the end of the year whether Ireland’s special arrangements with Apple break EU rules.
But, he told Bloomberg, even if it goes against Ireland, the country will take the matter to the European Court of Justice and appeal it.
Apple has only paid two percent tax in Ireland over the last 10 years. The European Union has rules about giving companies special treatment.
Other EU investigations in Europe included deals with Starbucks in the Netherlands and Amazon in Luxembourg.
Apple has had a presence in Ireland for decades now – its inward investment body is the envy of similar outfits in Scotland, England and Wales.
