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EU to Apple: Remit $15B in back taxes

Official: Irish illegally gave firm 0.005% levy rate in ’14

By Compiled by Democrat-Gazette staff from wire reports

This article was published August 31, 2016 at 5:45 a.m.

european-union-competition-commissioner-margrethe-vestager-speaking-tuesday-at-a-news-conference-at-eu-headquarters-in-brussels-said-ireland-granted-special-tax-breaks-to-apple-inc-in-exchange-for-basing-eu-operations-there-member-states-cannot-give-tax-benefits-to-selected-companies-this-is-illegal-under-eu-state-aid-rules-vestager-said

European Union Competition Commissioner Margrethe Vestager, speaking Tuesday at a news conference at EU headquarters in Brussels, said Ireland granted special tax breaks to Apple Inc. in exchange for basing EU operations there. “Member states cannot give tax benefits to selected companies — this is illegal under EU state aid rules,” Vestager said.


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The European Union on Tuesday ordered Apple Inc. to pay nearly $15 billion in back taxes to Ireland, plus billions more in interest.


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