Apple and the government of Ireland are fighting what some view as a European Union tax grab. The two recently filed a formal appeal of the EC’s decision ordering Apple to pay nearly $14 billion in back taxes, based on its finding that Ireland had given Apple several illegal tax breaks. The commission this summer found that Ireland had allowed Apple to determine its tax based on the activities of its subsidiary firms, Apple Sales International and Apple Sales Europe, which are incorporated in Ireland.
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Apple, Ireland Balk at EU’s Bill for Back Taxes
Posted by: David Jones December 29, 2016 07:00 AMApple and the government of Ireland are fighting what some view as a European Union tax grab. The two recently filed a formal appeal of the EC’s decision ordering Apple to pay nearly $14 billion in back taxes, based on its finding that Ireland had given Apple several illegal tax breaks. The commission this summer found that Ireland had allowed Apple to determine its tax based on the activities of its subsidiary firms, Apple Sales International and Apple Sales Europe, which are incorporated in Ireland.