Ireland and Apple reach deal on the payment of €13bn, as ordered by EU Commission

Background information:

On April 24, the Irish Minister of Finance Paschal Donohoe confirmed that an agreement with Apple was reached in order to pay the amount of money the EU Commission asked when ruling that the tax aid given by Ireland were at odds with the EU law.

The European Commission in its 2016 ruling ordered that Apple shall pay the Government the amount of €13bn plus interest.

Both Apple and the Irish Government are appealing the ruling on the grounds that Apple’s tax treatment was in line with Irish and European Union law.

EurActiv, 25.04.18: Apple, Ireland strike deal on €13bn tax payment https://www.euractiv.com/section/economy-jobs/news/apple-ireland-strike-deal-on-13-billion-euro-tax-payment/

Reuters, 24.04.18: Ireland expects Apple EU tax appeal to be heard before end of year https://uk.reuters.com/article/uk-eu-apple-taxavoidance/ireland-expects-hearings-on-apple-eu-tax-appeal-in-autumn-idUKKBN1HV1OZ?il=0

The Guardian, 24.04.18: Ireland expects Apple EU tax appeal to be heard in autumn https://www.theguardian.com/world/2018/apr/24/ireland-apple-eu-tax-appeal-autumn

Irish Examiner, 24.04.18: Government reaches deal with Apple to allow for collection of €13bn in disputed taxes https://www.irishexaminer.com/breakingnews/ireland/government-reaches-deal-with-apple-to-allow-for-collection-of-13bn-in-disputed-taxes-838965.html

Deutsche Welle, 24.04.18: Apple poised to pay Ireland billions in back tax as appeal looms http://www.dw.com/en/apple-poised-to-pay-ireland-billions-in-back-tax-as-appeal-looms/a-43517258

The Irish Times, 24.04.18: Apple and Donohoe clear final hurdle for repayment of €13bn disputed tax bill https://www.irishtimes.com/business/technology/apple-and-donohoe-clear-final-hurdle-for-repayment-of-13bn-disputed-tax-bill-1.3472685

Ireland: Department of Finance: Press Release, 24.04.18: Minister Donohoe announces intention to sign and execute Escrow Framework Deed with Apple giving legal effect to recovery of alleged State aid http://www.finance.gov.ie/updates/minister-donohoe-announces-intention-to-sign-and-execute-escrow-framework-deed-with-apple-giving-legal-effect-to-recovery-of-alleged-state-aid/

Social Europe, 04.07.18: Apple, Ireland And The New Green Jersey Tax Avoidance Technique https://www.socialeurope.eu/apple-ireland-and-the-new-green-jersey-tax-avoidance-technique

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