In fact, the European Commission had ordered the government of Ireland to collect the "back taxes" only after concluding that two Irish tax coding permitted by Apple, that is to pay less tax than other businesses. Furthermore, the Commission ordered Ireland to collect back taxes for the years from 2003 to that of 2014, amounting to as much has a whooping amount of 13 billion euros plus interest of the long number of years.
The decision leaves me with no choice but to seek Cabinet approval to appeal the decision before the European Courts.
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The $15,4 billion will start flowing into Irish coffers in Q1 2018, but Apple continues to deny any wrongdoing. After a year passed without Ireland moving to recover the money, the EU referred the country to the bloc's highest court, the European Court of Justice.
The BBC reports that Apple is paying the money into a so-called blocked "escrow" account and that Ireland is in the process of appealing the Commission's decision. Jersey is a self-governing dependency of the United Kingdom, and the island does not charge corporate tax for most companies. We strongly support efforts from the global community toward comprehensive worldwide tax reform and a far simpler system, and we will continue to advocate for that.
Corporate tax evasion seriously undermines civil society and has become an increasing focus of the European Union, so it is good to see Apple finally paying up, even if they still plan to claw it back later.