Ireland goes to EU court to stop Apple giving it money
 

In a bizarre state of affairs, the Irish government is going to the EU court to prevent Apple from having to pay it a huge amount of money.

The Irish Finance Minister, Michael Noonan, will bring the debate to the EU court, a move that could trigger a years long court battle.

The move comes from European Commission finding that Ireland had been giving Apple tax breaks, something that has attracted a number of multinational employers to Ireland. The EU, however, has ordered the practices to change. After a three-year probe into Ireland’s relationship with Apple, the European Commission ordered Ireland to collect $14.5 billion in back taxes from the company.

Apple has also vowed to fight against the EU decision. It activated its minions in the US Treasury Department says the decision is a threat “to undermine foreign investment, the business climate in Europe, and the important spirit of economic partnership between the US and the EU”. After all big corporations not paying taxs is the American way.

http://www.techeye.net/business/irel...iving-it-money