Apple Agrees €13 billion ($15.46) billion back taxes for Ireland

[engine]

In a long running story, back in 2016, the EU ordered Ireland to collect the equivalent of $15 billion in back taxes from Apple.

Apple has finally agreed to settle, and the funds, €13 billion ($15.46 billion), could be paid as early as the first quarter 2018.

Earlier story Apple Sets Out its Appeal to E.U.'s €13 billion Tax Bill [webmasterworld.com]

Apple Ordered by EU to Repay $14.5 Billion in Irish Tax Breaks [webmasterworld.com]

[keyplyr]

That's a good bit of change. How much accountability does Ireland share in this? Seems like the low tax tier was used to lure Apple to invest in Ireland in the first place.

[topr8]

maybe they will now locate out of ireland now.

because in all likelyhood as keyplyr hinted at (i'm not suggesting i know his mind or what he was implying) ... it is clear they were only located in ireland due to the tax arrangement they had.

let's hope the same happens for all those luxembourg based companies too.

[engine]

I believe that was the case, keyplyr, and the E.U. ruled that the rates have to be the same across the whole bloc.