IRELAND: Ireland “disagrees profoundly” with EU on Apple tax bill

Ireland disagrees profoundly with the European Commission’s ruling against its tax dealings with Apple Inc, Finance Minister Michael Noonan said on Tuesday ahead of seeking cabinet approval to appeal.

Ireland’s finance ministry said its position remained that the full amount of tax was paid and no state aid was provided. Ireland did not give favourable tax treatment to Apple and does not do deals with taxpayers, it added.

It also said the disputed tax opinions in the Apple case no longer applied and that the decision had no effect on Ireland’s 12.5 percent corporate tax rate or on any other company with operations in the country.

“I disagree profoundly with the Commission,” Noonan said in a statement. “The decision leaves me with no choice but to seek cabinet approval to appeal. This is necessary to defend the integrity of our tax system; to provide tax certainty to business; and to challenge the encroachment of EU state aid rules into the sovereign member state competence of taxation.”

14 August 2025

UK: Metro Bank co-founder targets super-rich with new family offices bank

Anthony Thomson, co-founder of Metro Bank and Atom Bank, is launching a new venture aimed exclusively at the global super-rich. Family Offices Bank (FOB) will target ultra-high-net-worth individuals

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22 August 2024

US: Hunter Biden set to stand trial in September for tax evasion case

Hunter Biden is set to stand trial on federal tax charges in early September, and during a pre-trial hearing Wednesday, the legal team for President Joe Biden’s son and prosecutors appear in a

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4 October 2024

FAMILY OFFICES: New White Paper Lifts The Lid On Family Offices’ Insider Security Threats

Threats to family offices from those who work within it, and other persons, need to be fully understood and prepared for, argues the author of this new report. Some of the most serious security threats

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10 June 2024

AFRICA: OIC Arbitration Centre To Boost Foreign Direct Investment In Nigeria

The Organisation of Islamic Countries Arbitration Centre (OIC- AC) has indicated interest in supporting foreign direct investment into Nigeria though amicable resolution of disputes. The Secretary General

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