Ireland starts collecting back-tax from Apple

Escrow you, Apple! Ireland expects Cupertino to cough up to €13bn

Apple agrees to pay over $15 billion to Ireland in back taxes ars_ab.settitle(1227183);

Apple has made a string of investments in the country over the last few years, and the Irish Government fears that the tax bill will affect jobs.

Then, Ireland disagreed with the Commission's analysis and appealed the decision. However, Dublin as well as Apple continue to contest the European Commission's ruling.

Ireland expects the U.S. iPhone maker to start paying billions in back taxes, after the European Union said in 2016 the money was the result of Apple receiving unfair tax incentives and launching a lawsuit against Ireland.

Over a year ago, as Ars reported, the EU's competition chief Margrethe Vestager said that a two-year investigation into so-called sweetheart tax deals in 1991 and 2007 had found Apple guilty of receiving illegal state aid from the Emerald Isle.

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Apple may or may not be losing its tax advantage in Ireland, but the company has apparently been exploring other options for tax havens in Europe.

The government said in a statement late on Monday (4 December) that an agreement had been reached "in relation to the framework of the principles that will govern the escrow arrangements".

However, Apple added that it remains confident that the court will overturn the commission's decision after reviewing and reading the evidence they have presented in their defense. The deal had allowed Apple to pay an effective corporate tax rate of one percent on its European profits in 2003, down to as low as 0.005 percent in certain years, according to Vestager.

Both Apple and the Irish government have appealed the ruling, but the position in the meantime is that the amount must be collected.

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