Apple must wait until 2016 for tax break verdict


Yep, Apple's pretty darn valuable.
Apple could have to pay back billions as a result of tax probe.
Photo: Cult of Mac

Having previously said that he expected to receive the European Commission’s verdict on Apple’s Irish tax arrangements by Christmas, Ireland’s Finance Minister Michael Noonan now claims that an announcement is likely to be delayed util next year.

The delay in the long-running investigation is the result of regulators asking for additional information from the Irish government, which will take several weeks to gather.

Apple announces 1,000 new jobs in Ireland


Apple's Hollyhill, Cork factory is the only Apple-run manufacturing facility in the world.
Apple's Hollyhill, Cork factory is the only Apple-run manufacturing facility in the world.
Photo: Irish Examiner

Apple has announced plans to hire an extra 1,000 employees in Ireland — as the deadline draws closer concerning the European Union announcing their decision about whether or not Apple dodged taxes thanks to the Irish government.

Apple will add 1,000 staff to its offices in Cork by mid-2017, where it currently operates the only Apple-owned manufacturing facility in the world, building Mac computers.

E.U. regulators will decide if Apple’s Irish tax deal is illegal by Christmas


Apple raked in the cash last quarter.
Did Apple benefit from sweetheart deals in the E.U.?
Photo: Jim Merithew/Cult of Mac

Apple’s tax practices in Europe have been the subject of investigation for some time now. However, European Union regulators say they’ll finally have a conclusion as to the question of whether Apple benefited from “illegal tax sweeteners” by the end of this year.

According to Ireland’s finance minister Michael Noonan, the decision will be announced, “between now and Christmas.”

EU tax probe could fine Apple 10% of earnings since 2003



Preliminary findings by the European Commission have slammed Apple and Ireland for a so-called “sweetheart” tax deal which allowed Apple to avoid paying taxes by building up a massive offshore cash pile of $137.7bn in the country.

The deal dates back to 1991, and allowed Ireland to provide Apple with illegal state aid. Apple has had a base in the country since 1980.

In a statement, the European Commission said that “the Irish authorities confer an advantage on Apple,” and that this “advantage is obtained every year and ongoing.”

EU plans to publish details of Apple’s alleged tax evasion


Apple could be made to repay unpaid tax in the EU. Photo: The Daily Show

Regulators are set to break down the reason tax deals given to Apple in Ireland violate EU laws, according to people familiar with the matter.

The European Commission began formal investigations into the tax avoidance issue back in June, and plans to publish its findings as early as today — with the claim that tax deals between Apple and the Irish government could fall under the heading of illegal state aid.

While Apple has yet to make a comment on the matter, the Irish government has spoken up; describing its position as “confident” that the Apple deal represents “no breach of state-aid rules.” It claims that it has already submitted a formal response to the European Commission, in which it addresses in detail “the concerns and some misunderstandings.”