Viernes, 15 Diciembre, 2017

Apple agrees deal with Ireland on unpaid taxes

Apple strikes interim deal on escrow fund for $15B Irish tax claim Apple have agreed to start paying €13bn tax bill to Ireland in 2018
Federico Mansilla | Diciembre 05, 2017, 01:50

The WSJ reports that Apple and the Irish government have now agreed the terms of this account.

The Irish government said it expects to begin collecting the money from Apple in early 2018 after the two sides put the final touches on an escrow account that will hold Apple's payments and distribute the funds.

"Irish Finance Minister Paschal Donohoe made the remarks to reporters Monday ahead of a meeting with EU antitrust chief Margrethe Vestager", reads the report.

Both Apple and Ireland have fought back against the ruling - Ireland has said that the European Union overstepped its authority and got some of the country's laws wrong while Apple has maintained that the amount it's being told to repay was miscalculated.

"Mr. Donohoe said he called the meeting with the competition commissioner to brief her on the latest developments".

As no money has been recovered to date, the European Commission itself referred Ireland to the ECJ in October for failing to recover what it found to be "illegal aid" to Apple. "We remain confident the General Court of the EU will overturn the Commission's decision once it has reviewed all the evidence".