Apple And Ireland Tax Appeal To Be Heard This Autumn

; posted on
April 26th, 2018

Irish Finance Minister Paschal Donohoe indicated that the appeal by Ireland and Apple against the EU Commission is to be heard this autumn, with the first hearing commencing in September. The Appeal pertains to the State Aid recovery of 13 billion euros from Apple, which was decided by the Commission in 2016.

The Case

The Irish government was found by the Commission to provide illegal tax benefit of 13 billion euro to the tech giant and should recover the incentives granted. According to estimation by Irish authority, the amount to recover could reach 15 billion euros including the EU interest. Earlier this year, the tech giant and the HMRC had reached an agreement to recover £137m extra tax, and Apple is to start paying for the recovery bill since 2018 May.

Ireland Delayed in Recovering the Money

The Commission indicates the wish to fully recover the amount as soon as possible, so that the EU Court of Justice could close its action against Ireland for missing the deadline in January 2017. Ireland has insisted that it has acted as fast as it could to facilitate collection of such big amount of money.

Sources: Reuters, V3News

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