Apple’s €14.3 billion Irish tax break case is officially over

Apple’s Irish tax break problems are officially over. Ireland has a financial department declare Apple’s Eskrow was completely transferred to the integrity of the 14.25 billion euro fund, Iran or the Central Fund of Ireland. Therefore the escrow account was closed. This marks the end of one of the world’s largest antitrest in 2013 in 2013 The investigation has been launched To determine that Almem has enjoyed tax rates better than guaranteed the laws of the block.

Commission ruminate Shortly after the Ireland’s investigation, the tax benefits of Ireland’s refunds were illegal. Then after the investigation in 2016, the commission decided to return the “illegal state assistance” in the 10-year period before the company’s tax practice was given to tax practices.

Apparently, Apple has created Irish branches that have the majority of the intellectual features. When the company sells a product, Ireland subsidiaries are paid for the use of Apple’s IPS. And thanks to the agreement with the company Ireland Apple only received a 1 percent tax rate for Europe As much as a hundred percent in 2014. The commission ordered Apple to pay 13.1 billion euros in taxes between 2003 and 2014, and 1.2 billion euros.

In 2018, the company transferred 14.3 billion euros for protesting the decision of the commission. EU General Court He decided in favor of Apple In 2020, he explained that there was insufficient evidence to show that the company violated the rules of the bloc. However, in 2024 European Justice Court overturn-stone This decision and the Commission confirmed the original sentence in 2016.

Like Irish cycle He reports that the funds continue to be impaired than the Esco was placed by 2023.

If you buy something through a link in this article, we can win the commission.