U.S. to Intervene in Apple Tax Dispute With the EU [Report]

U.S. to Intervene in Apple Tax Dispute With the EU [Report]

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The United States government has reportedly filed to intervene in Apple's tax dispute with the European Commission, reports Reuters.

In August of 2016, the European Commission ruled that Ireland granted illegal tax benefits to Apple and must recover the unpaid taxes from Apple for the years 2003 to 2014 of up to €13 billion, plus interest. More details on the decision here.

Apple is fighting the order, as is Ireland, who said, "The Government fundamentally disagrees with the European Commission’s analysis and the decision left the Government no choice but to take an appeal to the European Courts".

A source now tells Reuters the the U.S. government is getting involved...

"I can confirm the United States filed an application with the European Union General Court to intervene in the case involving the retroactive application of state aid rules to Apple," said the source, who declined to be named because of the sensitivity of the matter. The General Court is expected to hear the case in late 2018.

Ireland, the Netherlands, Luxembourg, Starbucks, Fiat Chrysler Automobiles and several other companies are also fighting EU orders to pay back taxes.

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U.S. to Intervene in Apple Tax Dispute With the EU [Report]
1
Userone - July 5, 2017 at 1:27am
No, Apple has to learn to pay their fair share of tax. iPhones are getting more and more expensive and they don't even pay their taxes?!
Butterspider - July 5, 2017 at 3:10am
U do understand that that will come out of your pocket (and mine), Not Apples', right? They will just pass that increase in cost to us.
Butterspider - July 5, 2017 at 3:14am
How much tax do think Apple already pays? And that's not enough?! Besides, corporate taxes are stupid anyway. It all filters down to the consumer. Companies won't just accept it an take a smaller profit. Why don't liberals get this?
Userone - July 5, 2017 at 2:40pm
I think Apple is liberal and not republican and they should lower their prices on phones as long as they figure out this so called "loopholes", but why if they can make more money and give little to their customers, anyway they will buy their products ...
Userone - July 5, 2017 at 2:44pm
Just check political views of all this companies mentioned here in article and you'll find they are all liberal screaming to others that everyone else has to pay their fair share.
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