Sunday 24 September 2017

Dept of Finance: No sweetheart tax deal for Apple

Apple is to be accused of benefitting from State aid here.
Apple is to be accused of benefitting from State aid here.

THE Government says computer giant Apple did not get sweetheart tax deals here, ahead of a report due to be published by the European Commission on Tuesday.

It followed reports including in the Financial Times that the Commission will accuse Apple of profiting from allegedly illegal tax deals with the Ireland, when it reports tomorrow on an ongoing investigation that was launched in June.

“Ireland is confident that there is no breach of State aid rules in this case and has already issued a formal response to the Commission earlier this month,” the Department of Finance said in a statement.

The Department said it will address the “concerns and some misunderstandings” contained in the Commission’s so called opening decision – a set of early findings that will spell out why it opened a probe into Apple’s tax affairs in Ireland.

The European Commission said that the documents it will publish on Tuesday will set out its reasons for opening an in-depth inquiry into suspected Irish government aid to Apple, a Commission spokesman said.

Antoine Colombani, spokesman for Competition Commissioner Joaquin Almunia, said the Commission would publish a "non-confidential version of its decision" to open the probe.

In June the Commission announced that it was was investigating Ireland, the Netherlands and Luxembourg over potential State Aid implications of the tax affairs of Apple, Starbucks and Fiat respectively.

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