• Archives
  • Cryptocurrency
  • Earnings
  • Enterprise
  • About TechBooky
  • Submit Article
  • Advertise Here
  • Contact Us
TechBooky
  • African
  • AI
  • Metaverse
  • Gadgets
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Search in posts
Search in pages
  • African
  • AI
  • Metaverse
  • Gadgets
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Search in posts
Search in pages
TechBooky
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Search in posts
Search in pages
Home Enterprise

“Apple and Ireland Officially Contest EU’s $14 Billion Tax Demand”

Paul Balo by Paul Balo
December 19, 2016
in Enterprise
Share on FacebookShare on Twitter

The spotlight once again shines on the critical EU ruling that mandates Apple to pay the staggerring $14 billion in taxes that the corporation allegedly dodged with the assistance of the Irish government—a charge branded as illegal aid by the EU. Apple and the Irish administration had previously signalled their defiance against the ruling, pledging to appeal it. Now, they are keeping their word. The Irish administration recently formalized its dissent with the ruling, revealing its objections in the public sphere. As reported by The Irish Times, the government’s stance is that the EU Commission grossly misunderstood Ireland’s tax laws, improperly determining that profits not linked to activities within Ireland were eligible for taxation there.

The European Commission is set to release its comprehensive ruling today, but is reportedly holding back certain commercially sensitive details from the public purview, at least temporarily. According to the commission, Ireland has intentionally privileged Apple and other American corporations in tax-related matters over the years, leading to the demand for Apple to reimburse the allegedly owed tax money. The commission opines that profits generated by Apple in non-American markets should have been taxable by Ireland, considering that Ireland hosts the tech giant’s primary international operations.

However, the Irish administration is pushing back, asserting that the commission overstepped its powers and meddled with national tax sovereignty. It accuses the commission of incorporating unconventional tax rules, disregarding necessary procedures and failing to give sufficient justifications for its decision.

Apple is not twiddling its thumbs either, launching a joint legal challenge with Ireland against the EU Commission. In a revealing interview with Reuters, Apple’s General Counsel Bruce Sewell and Chief Financial Officer Luca Maestri shared that the corporation intends to challenge the ruling in Europe’s second-highest court. Maestri argued that the commission inflated the significance of the company’s European headquarters in Cork, Ireland. European Competition Commissioner Margrethe Vestager maintains that Apple should pay tax in Ireland on all profits generated outside the United States, despite the fact that no engineering or intellectual property creations occur there—a suggestion Maestri dismisses as an “absurd theory”.

Overall, there is an air of a protracted conflict as a new administration waits in the wings, ready to take over in the United States next month. President-elect Trump campaigned promising a revamp of the US tax system, intentions that could lead to the repatriation of funds held by American corporations overseas to breathe life back into the American job market.

Image: CNN Money

.

Related Posts:

  • 1686744364784 (1)
    X Agrees To Halt Using EU User Data For Grok AI Training
  • paypal office
    PayPal Opens Dublin AI and Fraud Centre, Adds 100 jobs
  • Apple-logo
    Apple’s Q4 Earnings Shows Revenue Beat, Tax Charge…
  • 48686-95090-000-lead-Apple-Search-Engine-xl
    Apple Explains Why it won't Create Rival Search…
  • ce60ab5481266497c8f19ead24075d33d7d557df-1200×675
    The Republic Of Guinea Censored/Shutdown The…
  • 1746297083122
    FCCPC Responds to Meta's threat to Exit Nigeria On…
  • Spotify-Update-Apple-iOS-App-External-Payments
    Spotify Sees Subscriber Growth from iOS Payment Changes
  • IBM
    IBM Exits Nigeria, Ghana, and Other African Markets

Discover more from TechBooky

Subscribe to get the latest posts sent to your email.

Paul Balo

Paul Balo

Paul Balo is the founder of TechBooky and a highly skilled wireless communications professional with a strong background in cloud computing, offering extensive experience in designing, implementing, and managing wireless communication systems.

BROWSE BY CATEGORIES

Select Category

    Receive top tech news directly in your inbox

    subscription from
    Loading

    Freshly Squeezed

    • UK Plans Data Centre Expansion Amid Rising Concerns August 15, 2025
    • Google Adds AI to Flight Deals Amid Antitrust Pressure August 15, 2025
    • Voice Call Limits Imposed on Telegram, WhatsApp in Russia August 15, 2025
    • Instagram Working on Common Interests Feature August 14, 2025
    • WhatsApp Tests Auto-Write Feature in Android Beta August 14, 2025
    • Microsoft Drops PowerShell 2.0 from Windows 11 & Server August 14, 2025

    Browse Archives

    August 2025
    MTWTFSS
     123
    45678910
    11121314151617
    18192021222324
    25262728293031
    « Jul    

    Quick Links

    • About TechBooky
    • Advertise Here
    • Contact us
    • Submit Article
    • Privacy Policy
    Generic selectors
    Exact matches only
    Search in title
    Search in content
    Post Type Selectors
    Search in posts
    Search in pages
    • African
    • Artificial Intelligence
    • Gadgets
    • Metaverse
    • Tips
    • About TechBooky
    • Advertise Here
    • Submit Article
    • Contact us

    © 2025 Designed By TechBooky Elite

    Discover more from TechBooky

    Subscribe now to keep reading and get access to the full archive.

    Continue reading

    We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.