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

CRYPTO: Regulators Warn Crypto Could Cause Another Financial Crisis

New government reports warn that the rise of crypto-related economic risks could trigger widespread financial disruption. As the cryptocurrency industry scored massive electoral wins in November and

Read More
27 June 2025

CAREY OLSEN: Carey Olsen shortlisted for two STEP Private Client Awards

Press Release from: Carey Olsen, Friday 27 June, 2025. Carey Olsen has been named a finalist in two categories at the 2025 STEP Private Client Awards: Contentious Trusts and Estates Team of the Year

Read More
18 October 2024

CAREY OLSEN: Carey Olsen and IQ-EQ support Deep Blue on the launch of Jersey’s first stablecoin

Press Release from Carey Olsen, Friday 18 October, 2024. Carey Olsen and global investor services group, IQ-EQ, have supported Deep Blue Limited on the launch of DBUSD, Jersey’s first stablecoin.

Read More
14 November 2024

CLIMATE FINANCE: Commonwealth Secretary-General warns small island states cannot wait for climate finance

The international community must fulfil its promises to provide greater financial support to small island countries at the frontline of climate change. This was the main rallying call at the Leaders’

Read More