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.”

13 December 2024

CAREY OLSEN: Carey Olsen Asia achieves strong rankings in Chambers Asia-Pacific 2025 Guide

Press Release from Carey Olsen, Friday 13 December, 2024. Carey Olsen Asia has maintained its strong position in the offshore legal market, achieving impressive rankings in the Chambers Asia-Pacific

Read More
11 June 2024

FINTECH: Hong Kong and Switzerland Forge Stronger Ties in Fintech Innovation

Hong Kong and Switzerland are each making significant strides in the realm of blockchain and cryptographic technologies. Seeking to accelerate their advancements through collaboration, Invest Hong Kong

Read More
16 May 2024

SWITZERLAND: Switzerland Cracks Down on Crypto Tax Evasion with Upcoming AEOI Expansion

The Swiss Federal Council’s proposal to include crypto assets in the Automatic Exchange of Information (AEOI) system shows the country’s commitment to crypto tax compliance and transparency. The

Read More
27 June 2025

SOUTH AFRICA: Existing tech tools enough to tackle tax-dodgers, says SARS

he South African Revenue Service (SARS) argues it does not need any additional technology to go after taxpayers who are not meeting their obligations. It is counting on the fact that what it already

Read More