Ireland gave illegal tax benefits to Apple worth up to €13 billion
30.08.2016 - The European Commission has concluded that Ireland granted
undue tax benefits of up to €13 billion to Apple. This is illegal under
EU state aid rules, because it allowed Apple to pay substantially less
tax than other businesses. Ireland must now recover the illegal aid.
Commissioner Margrethe Vestager, in charge of competition policy, said:
"Member States cannot give tax benefits to selected companies – this is
illegal under EU state aid rules. The Commission's investigation
concluded that Ireland granted illegal tax benefits to Apple, which
enabled it to pay substantially less tax than other businesses over many
years. In fact, this selective treatment allowed Apple to pay an
effective corporate tax rate of 1 per cent on its European profits in
2003 down to 0.005 per cent in 2014."
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