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News › Apple

Apple

Report: EU to rule against Apple-Ireland tax deals, recommend Apple pay 1B+ Euros

Last updated: May 19, 2021 9:22 pm UTC
By Phil Dzikiy
Report: EU to rule against Apple-Ireland tax deals, recommend Apple pay 1B+ Euros

The European Commission will rule against Ireland’s tax deals with Apple on Tuesday, Reuters reports. The commission will reportedly make the recommendation for Ireland to recoup more than 1 billion Euros (about $1.19 billion) in back taxes from Apple.

Report: EU to rule against Apple-Ireland tax deals, recommend Apple pay 1B+ Euros

Both Apple and Ireland have previously said they would appeal any such ruling, and neither Apple nor the European Commission has commented as of yet. Despite the commission’s recommendation, Irish authorities will be able to determine exactly what must be owed — further details will likely emerge upon the expected official announcement from the European Commission on Tuesday.

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