EU Commission Defends Apple Tax Ruling

Advertisement
By Agence France-Presse | Updated: 1 February 2017 10:37 IST

The EU's competition commissioner Margrethe Vestager on Tuesday defended a landmark decision that US tech giant Apple should pay billions in back-taxes to Ireland.

In August, the European Commission, the EU executive arm, ordered the iPhone maker to reimburse a record EUR 13 billion ($14 billion) in unpaid taxes in Ireland. The EU had accused Ireland of giving Apple a secret tax deal that allowed it to enjoy near zero tax on its huge sales worldwide for more than a decade.

Advertisement

Ireland Accuses EU of Exceeding Power in Apple Tax Case

Addressing Irish lawmakers in Dublin on Tuesday, Vestager denied that Brussels was conducting a "witch-hunt" against multinationals such as Apple.

Advertisement

Vestager said the investigations in this and other cases in other European countries were purely about illegal state aid.

"We simply want to make sure that they are not used to rubber stamp a way of allocating profits that does not match economic reality," she said.

Advertisement

It did not mean that the EU Commission was assuming the authority over a country's tax rules, the commissioner argued.

The investigations "do not affect the sovereign right of member states to determine their own corporate tax systems, or to set their own tax rates. They are simply about special treatment for certain companies," she said.

Advertisement

Vestager said "good progress" was being made by the Irish authorities with regards to the collection of the money.

 

Get your daily dose of tech news, reviews, and insights, in under 80 characters on Gadgets 360 Turbo. Connect with fellow tech lovers on our Forum. Follow us on X, Facebook, WhatsApp, Threads and Google News for instant updates. Catch all the action on our YouTube channel.

Further reading: EU, European Union, Apple, Ireland, Tim Cook, Mobiles
Advertisement

Related Stories

Popular Mobile Brands
  1. Poco X8 Pro Series Roundup: Here's Everything That We Know So Far
  2. Nothing Phone 4a, Phone 4a Pro Goes on Sale in India: Price, Offers
  3. Tipsters Leak Apple's Foldable 'iPhone Ultra': Here's How Much It Might Cost
  1. Hubble and Euclid Reveal Stunning New View of Cat’s Eye Nebula
  2. Silent Hill 2 Remake Has Surpassed 5 Million Copies Sold, Konami Announces
  3. Samsung Galaxy Z Flip 8 Battery Details Leaked; Might Have Same Capacity as the Galaxy Z Flip 7
  4. HSBC, Standard Chartered Said to Be First Recipients of Stablecoin Licences in Hong Kong
  5. Apple's Foldable Tipped to Launch as 'iPhone Ultra'; Price and Memory Configurations Leaked
  6. MacBook Neo Teardown Suggests It May Be Apple’s Most Repairable Laptop in Several Years
  7. Vashikaranam OTT Release Date: When and Where to Watch This Supernatural Drama Online?
  8. Musk’s X to Alter Verification System in Europe, Commission Says
  9. Token2049 Crypto Conference Delays Dubai Summit to 2027 Over Security Concerns
  10. OpenAI Is Reportedly Developing a Code Hosting Platform to Take on Microsoft’s GitHub
Download Our Apps
Available in Hindi
© Copyright Red Pixels Ventures Limited 2026. All rights reserved.