IRELAND: Apple Must Pay $14.4 Billion to Ireland in Crackdown on ‘Sweetheart Deals’

Apple has been ordered to pay €13 billion ($14.4 billion) of back taxes to the Irish state, in a court ruling that ended a decade-long fight between Europe and the big tech company.

In a judgment handed down on Tuesday, the European Court of Justice (ECJ) agreed with a European Commission ruling in 2016, which found that for a period of more than 20 years Apple enjoyed illegal tax advantages that constituted state aid from the Irish government.

10 January 2025

US: US government enshrines renewables tax credits

The US Department of the Treasury and the Internal Revenue Service have moved to enshrine certain tax credits under President Joe Biden’s Inflation Reduction Act (IRA) into the American tax code

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4 July 2025

UK: UK bids to cut red tape for fintech firms

The UK’s Regulatory Innovation Office is to work with the Digital Regulation Cooperation Forum to cut red tape for fintechs as they navigate complex regulation. Last year, the UK’s burgeoning

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7 October 2024

CAREY OLSEN: Carey Olsen shortlisted for Offshore Firm of the Year at The Lawyer European Awards 2024

Press Release from Carey Olsen, Tuesday 17 September, 2024. Leading offshore law firm Carey Olsen has been shortlisted for Offshore Law Firm of the Year at The Lawyer European Awards, having won the

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14 November 2024

CAREY OLSEN: Celebrating Nigel Carey’s 50 years in law

Press Release from Carey Olsen, Friday 15 November, 2024. Nigel Carey, a legal pioneer and cornerstone of Carey Olsen in Guernsey, celebrates 50 years of legal service this year. From 1977 to 2008,

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