Tuesday 17 October 2017

Luxembourg plans to support Ireland in appeal over Apple tax ruling - reports

Luxembourg plans to make an 'intervention' Photo: PA
Luxembourg plans to make an 'intervention' Photo: PA
Independent.ie Business Desk

Independent.ie Business Desk

A number of EU countries are reportedly lending support to Ireland in its appeal over the Apple tax ruling.

Last year, the European Commission found that the State gave the tech giant €13bn in illegal tax aid.

According to the Irish Times, Luxembourg plans to make an 'intervention' in support of the Government in its case against the Commission.

Luxembourg's tax treatment of multinationals has also been targeted by EU competition authorities. 

A spokesman for the Grand Duchy’s finance ministry told the paper that they will be lending support - but declined to say on what aspects they will be weighing in on.

It is understood that a number of other countries who have been under investigation for alleged sweetheart deals will also become involved. 

More to follow...

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