EU governments meet to divvy up $14.5 billion Apple tax windfall

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money
Apple hasn't paid the money yet, but already it's being divvied up.
Photo: Jim Merithew/Cult of Mac

European Union finance ministers reportedly discussed how to divvy up the windfall from Apple’s 13 billion euros tax bill at a closed-door meeting in Slovakia over the weekend.

Some European governments were reportedly more keen on getting their hands on Apple’s money than others, with Germany’s Wolfgang Schäuble saying, “Of course we’re looking into it.”

Why Tim Cook’s open letter about taxes struggles to paint Apple as the underdog

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Who is Big Brother and who's the rebel freedom fighter?
Photo: Apple

With his open letter defending Apple’s Irish tax strategy, Tim Cook positions his company as a sledgehammer-tossing freedom fighter at battle with Big Brother-style EU bureaucracy.

But unlike Cook’s previous missives on LGBT rights and the importance of privacy, this open letter seems unlikely to be met with near-unanimous support. While railing against the EU’s massive assessment of €13 billion euros in back taxes owed by Apple, Cook ignores the facts of the matter — and seems tone-deaf about painting the world’s biggest company as an underdog.

Apple gets an unexpected €13 billion tax bill

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Apple just got landed with the tax bill from hell.
Photo: Ste Smith/Cult of Mac

The verdict’s in on Apple’s European tax investigation, and the company has been handed a massive 13 billion euros ($14.52 billion) bill for unpaid back taxes in the Republic of Ireland.

The order was made by European Union competition officials, who ruled that Apple was taking advantage of illegal state aid that allowed the company to route profits through Ireland.

Will EU hammer Apple for Irish tax arrangements? We’ll know soon

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Apple may owe billions of euros in back taxes.
Apple may owe billions of euros in back taxes.
Photo: Milo Kahney/Cult of Mac

Apple’s tax drama in Europe will finally come to a close later this fall.

The iPhone-maker has come under scrutiny from the European Union due to its tax deal with Ireland that safe guards Apple from paying taxes on billions of dollars in profits. Ireland’s finance minister revealed that he has no idea which way the decision will go, but he was told it’s coming soon.

Apple says it ‘pays every cent’ it owes in E.U. tax

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Apple raked in the cash last quarter.
Apple claims it doesn't receive favorable tax deals in Ireland.
Photo: Jim Merithew/Cult of Mac

Apple has spoken up about the European Union investigation into its Irish tax affairs, telling a panel of E.U. investigators that it pays “every cent of tax” it owes in the country, and that it gets no advantage whatsoever compared with other companies.