TaxCorporate TaxEU competition head Vestager defends Apple tax ruling

EU competition head Vestager defends Apple tax ruling

EU competition commissioner Margrethe Vestager has defended the decision to order technology giant Apple to pay €13bn (£11bn) in back taxes to the Irish government

EU competition head Vestager defends Apple tax ruling

EU competition commissioner Margrethe Vestager has defended the decision to order technology giant Apple to pay €13bn (£11bn) in back taxes to the Irish government.

Addressing the European Parliament during a debate on the Apple tax ruling, Vestager said the European Commission would defend its ruling that the tax arrangements between Apple and the Irish authorities amounted to illegal state aid.

“If taxes are not being paid by some, then they have to be paid by others, and that is why it is not fair competition when some member states hand out selective tax benefits,” she said.

“We have a robust decision and we will defend it in court.”

Vestager also said she is keen to publish the specific details of the ruling

“Once agreed by Ireland, we will publish our decision for all to see and I hope that this can happen as fast as possible. The published information may also be relevant to tax authorities in other jurisdictions,” she said.

“If the US tax authorities consider that Apple should have paid a higher contribution for research and development to its US parent it could lead to a higher taxable amount in the US.”

The Irish government has labelled the ruling an attack on its tax regime and is to appeal the decision, as will Apple.

Related Articles

‘Google tax’ nets HMRC £281m

Corporate Tax ‘Google tax’ nets HMRC £281m

6d Emma Smith, Managing Editor
Autumn Statement: Investment and tax avoidance highlighted in Hammond's speech

Corporate Tax Autumn Statement: Investment and tax avoidance highlighted in Hammond's speech

10m Kevin Reed, Writer
Colin: Tell them about the money, mummy

Business Regulation Colin: Tell them about the money, mummy

10m Taking Stock
Economic activity carried out in the UK must be taxed accordingly

Corporate Tax Economic activity carried out in the UK must be taxed accordingly

12m Accountancy Age, Reporters
Friday Afternoon Live: Apple Tax; Robot accountants; and the Top 50

Business Regulation Friday Afternoon Live: Apple Tax; Robot accountants; and the Top 50

1y Kevin Reed, Writer
Five key tax and business burdens the chancellor must ease in Autumn Statement

Business Regulation Five key tax and business burdens the chancellor must ease in Autumn Statement

10m Kevin Reed, Writer
Friday Afternoon Live: Making Tax Digital; CIMA prez's new role; tax conduct guidance

Corporate Tax Friday Afternoon Live: Making Tax Digital; CIMA prez's new role; tax conduct guidance

11m Kevin Reed, Writer
European Commission told to draft financial transaction tax by year-end

Business Regulation European Commission told to draft financial transaction tax by year-end

11m Keith Nuthall, Reporter