Apple’s appeal against the EU’s demand for €13 billion in taxes allegedly owed from its Irish business will be heard in the coming days. The Irish Times had a really good explainer on Friday explaining why the case is so important.
Apple has always insisted that it is absolutely not true that it did not pay all the taxes due. Apple says it is committed to respecting all tax laws as they stand, and that it pays huge amounts of tax on its profits – some $37 billion to the US treasury alone in respect of its international operations. It is now, the company boasts, the world’s and Ireland’s largest taxpayer. And the 6,000 workers it employs in Ireland pay a huge part of the State’s income tax, it notes
Check It Out: Why Apple’s EU Tax Case Matters