EU Drops Court Case After Apple Repays More Than $16 Billion In Taxes and Interest To Ireland (theguardian.com)

"Ireland's government has fully recovered more than [$16 billion] in disputed taxes and interest from Apple, which it will hold in an escrow fund pending its appeal against a European Union tax ruling," reports The Guardian. From the report: The European commission ruled in August 2016 that Apple had received unfair tax incentives from the Irish government. Both Apple and Dublin are appealing against the original ruling, saying the iPhone maker's tax treatment was in line with Irish and EU law. Ireland's finance ministry, which began collecting the back taxes in a series of payments in May, estimated last year the total amount could have reached -- [$17.5 billion] including EU interest. In the end the amount was [$15.2 billion] in back taxes plus [$1.4 billion] interest.

For its part, the commission said it would scrap its lawsuit against Ireland, which it initiated last year because of delays in recovering the money. "In light of the full payment by Apple of the illegal state aid it had received from Ireland, commissioner (Margrethe) Vestager will be proposing to the college of commissioners the withdrawal of this court action," the commission spokesman Ricardo Cardoso said. Ireland's finance ministry said its appeal had been granted priority status and is progressing through the various stages of private written proceedings before the general court of the European Union (GCEU), Europe's second highest court. The matter will likely take several years to be settled by the European courts, it added.

Comments

Re:It's not illegal

[Tough Love]

The issue is, Apple cooks its books to create the appearance of earning profit in Ireland that was in fact earned in other European states.

Re:Apple has paid nothing.

[rtb61]

Not so, this is about organised and extremely corrupt tax fraud with corporations corrupting governments to cheat on taxes. It is all about income shifting, and cunt countries like Ireland enabling it.

The Irish government being a raging pack of cunts and scheming with corporations with the idea "Hey lets be a jack pack of greedy fuck head cunts. We provide hugely reduced taxes for licences fees, corporations will shift to Ireland and we will steal other countries social services. Whilst we get great big huge deposit in our tax haven banks accounts for first class luxury holidays for the rest of our lives. Fuck those idiots in the countries we are cheating of taxes upon the revenue generated there, fuck them to death, suckers, morons, let the infrastructure die, let them die for want of health services, we are Irish Cunts and we come first".

Those countries who the Irish government in a total cunt act, cheated, so sue the fuck out of the Irish government and drive them to bankruptcy, let the fuckers economy burn in poverty. All taxes should be paid at the point of revenue, all profits, every single last fucking cent, should be declared at the point of revenue and all taxes paid there. Cunt countries like Ireland should be driven into poverty and pay with decades of suffering for the suffering they willingly inflicted upon others, in a wanton act of economic piracy and the resulting suffering and death it did cause.

Re:Apple has paid nothing.

[JaredOfEuropa]

This is a case about illegal state aid, and was always against Ireland first, ordering them to collected taxes they should have collected in the first place. Apple has very little to do with this as far as the Commission is concerned. And had Apple decided not to pay, Europe would still have had no business suing Apple, they would - again - have to lean on Ireland instead to prosecute Apple for not paying. That is how all these cases work.