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Ireland to join Apple in fight against EU tax ruling

EU Commission's ruling said Ireland granted undue tax benefits of up to 13 billion euros to Apple

Reuters  |  Dublin 

Ireland'scabinetagreedonFridaytojoinAppleinappealingagainstamulti-billion-eurobacktaxdemandthattheEuropeanCommissionhasslappedontheiPhonemaker,despitemisgivingsamongindependentswhobackthefragilecoalition. TheCommission'srulingthisweeksaidthattheUStechgiantmustpayupto13billioneuros($14.5billion)toDublinhasangeredWashington,whichaccusestheEUoftryingtograbtaxrevenuethatshouldgototheUSgovernment. Withtransatlantictensionsrising,theWhiteHousesaidPresidentBarackObamawouldraisetheissueoftax ...

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First Published: Sat, September 03 2016. 00:20 IST
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