The European Commission said on Wednesday it was taking Ireland to the European Court of Justice for its failure to recover up to 13 billion euros ($15.3 billion) of tax due from Apple Inc, a move labelled as “regrettable” by Dublin.
The Commission ordered the US tech giant in August 2016 to pay the unpaid taxes as it ruled the firm had received illegal state aid, one of a number of deals the EU has targeted between multinationals and usually smaller EU states.
“More than one year after the Commission adopted this decision, Ireland has still not recovered the money,” EU Competition Commissioner Margrethe Vestager said, adding that Dublin had not even sought a portion of the sum.
“We of course understand that recovery in certain cases may be more complex than in others, and we are always ready to assist. But member states need to make sufficient progress to restore competition,” she added.
The Commission said the deadline for Ireland to implement its decision had been Jan. 3 this year and that, until the aid was recovered, the company continued to benefit from an illegal advantage. Apple is appealing the case.
Committed to collecting the money
Ireland’s finance ministry said it had never accepted the Commission’s analysis in the Apple state aid decision, but was committed to collecting the money due pending Dublin’s own appeal of the ruling.
Ireland, it said, had been in constant contact with the Commission and Apple for more than a year and was close to setting up an escrow account.
“It is extremely regrettable that the Commission has taken this action, especially in relation to a case with such a large scale recovery amount,” the ministry said in a statement.
Ireland, like the Benelux countries, faces criticism from bigger EU states that they are siphoning off tax revenues and the bloc’s governments are negotiating reforms.
GMT 08:55 2018 Wednesday ,24 January
Philippines retains EU export perks despite 'extrajudicial killings'GMT 08:00 2018 Tuesday ,23 January
Former KPMG executives charged in accounting oversight scamGMT 09:44 2018 Saturday ,20 January
US shutdown unlikely to harm debt rating: FitchGMT 09:37 2018 Saturday ,20 January
US 'erred' in supporting WTO membership for China, RussiaGMT 09:41 2018 Friday ,19 January
US industrial output in 2017 posts biggest gain since 2010Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor