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Apple’s tax relationship with Ireland has been making headlines for years now.
Ever since the establishment of the so-called “sweetheart deal“, which allowed Apple to pay tax that sometimes fell as low as 0.05 percent in the country, the arrangement has been raising questions.
These questions led to the EU Commission concluding, back in 2016, that “Ireland gave illegal tax benefits to Apple worth up to €13 billion”.
Well, flash forward to September 18, 2018, and the company has paid up.
Today Irish Minister of Finance @Paschald confirmed the full recovery of €14 bn of illegal aid to Apple (unpaid taxes). Good. So we can close the Court action on recovery.
— Margrethe Vestager (@vestager) September 18, 2018 Read more…
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