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Irish parliament withdraws its lawsuit against Apple

Irish parliament withdraws its lawsuit against Apple Ирландия и Apple

Irish Parliament approved the Government’s request to appeal against the decision of the European Commission that the tax rules, given Apple’s constitute illegal state aid.

The decision was adopted by 93 votes to 36. He stated that Parliament “supports the government’s decision to appeal the decision of the European Commission that Ireland gives Apple an illegal state aid.” Finance Minister Michael Noonan described the decision by the Commission and the Government of treatment as “a landmark moment for Irish tax policy and our place in Europe.”

Noonan said that with a call “necessary to protect the integrity of our tax system, to provide certainty for business, as well as to challenge an infringement of EU state aid rules in the public parts of the competence of the tax.” He added that “it is simply not true that Ireland provides a favorable tax regime in Ireland,” and warned that “it is very bad for our reputation, which has been questioned.”

The Commission last month concluded that the two tax regulations issued by the Apple Ireland significantly and artificially lowered the taxes paid by Apple in Ireland in order to restore “unpaid taxes” from Apple over the years 2003-2014 to EUR13bn (USD14.7bn), plus interest. The Government will keep the amount of compensation, until the case is closed, as it may ultimately be returned in the event of a successful appeal.

Speaking during a parliamentary debate, Prime Minister Enda Kenny said that the commission’s decision “is so deeply wrong and destructive that it requires immediate, clear and strong intervention.”

“The government over the years have made it clear that Ireland has not concluded and enters into transactions with corporations, large or small. This is not the way we do business. It is not true that Apple’s, was given more favorable treatment than other. Benefits have not been shown. The law has been fully and properly applied and Apple has paid its taxes across Ireland, “he explained.

There were three additional provisions to the movement of the government. They stated that Parliament: commits itself to “the highest international standards in the field of transparency in the taxation of the corporate sector, it decides that” no company or individual does not receive preferential tax regime “, and reaffirms its commitment” to 12,5- rate of corporation tax, the research and development tax credit, and reiterates its view that taxation is a competence for parts of the state, set out in the EC Treaty.”

Author: Sergey Panov
managing partner Finance Business Service
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