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Apple says will appeal against EU tax decision

US tech giant has to pay $14.5 billion in taxes to the Irish govt, which the EU considers to have been illegal state aid

Apple says will appeal against EU tax decision

Reuters Brussels

Apple said it would appeal against an EU ruling ordering it to pay up to 13 billion euros ($14.5 billion) in taxes to the Irish government, which the EU considers to have been illegal state aid.

"Apple follows the law and pays all of the taxes we owe wherever we operate. We will appeal and we are confident the decision will be overturned," the company said in a statement on Tuesday after the European Commission's decision.
 

"The Commission's case is not about how much Apple pays in taxes, it's about which government collects the money. It will have a profound and harmful effect on investment and job creation in Europe," Apple said.

ALSO READ: EU to hand Apple hefty Irish tax bill: Sources

 

 


($1 = 0.8955 euros)

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First Published: Aug 30 2016 | 4:10 PM IST

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