Ireland Says No Need To Collect €13 Billion Tax From Apple
Law360, New York (August 16, 2017, 4:51 PM EDT) -- Ireland's new finance minister rejected demands from the European Union's competition watchdog to collect €13 billion ($15.3 billion) in back taxes from Apple Inc., saying in an interview published Wednesday that the technology giant did not receive any special tax benefits compared to other businesses.
Paschal Donohoe, who has been serving as Ireland's minister for finance and public expenditure and reform, told the German newspaper Frankfurter Allgemeine that he disagrees with the European Commission's August 2016 ruling, which concluded that Apple had entered into a sweetheart tax deal with the Irish government to "substantially and artificially" lower its taxes.
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