News Updates

Apple Will Appeal EU Ruling Over €13 Billion Tax Bill

Posted on in News Updates

Apple

Earlier today we heard that the European Commission has said that the deal between the company and the Irish Government over tax was not legal.

Now the EU regulators have said that Apple will have to pay €13 billion or $14.5 billion in extra taxes and now Apple has confirmed that the will appeal the decision.

Both Apple and the Irish Government have now confirmed that they will appeal this ruling by the European Commission., you can see a statement from Apple below.

“The European Commission has launched an effort to rewrite Apple’s history in Europe, ignore Ireland’s tax laws and upend the international tax system in the process,” the company said in a statement.

“The Commission’s case is not about how much Apple pays in taxes, it’s about which government collects the money. It will have a profound and harmful effect on investment and job creation in Europe.

“Apple follows the law and pays all of the taxes we owe wherever we operate. We will appeal and we are confident the decision will be overturned.”

It will probably take Apple and the Irish Government a couple of years to sort this issue out with the Eu regulators and could involve a long legal process.