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.”
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
China’s commerce minister, Wang Wentao, has called for increased dialogue and cooperation between China and the United Kingdom (TADAWUL:4280) in areas such as sustainability, digital development,
Small business tax evasion is costing the state billions of pounds of revenue a year as “significant gaps” in the UK’s tax authority’s strategies persist, a new report has revealed. A National
It looks like a wealth tax in South Africa is all but unavoidable. While no one knows exactly when it will become a reality, it is probably a good idea to start paying attention now. The writing is