State and Apple's joint appeal over €13bn tax bill to be heard in Luxembourg today

State and Apple's joint appeal over €13bn tax bill to be heard in Luxembourg today

The State's appeal of the Apple ruling will be heard by Europe's second highest court in Luxembourg later today in what is being described as the world's biggest tax case.

A two year investigation by the European Commission concluded in 2016 that the Irish state allowed Apple to pay far less tax than other companies.

It ordered the tech giant to pay over €13bn in back taxes and interest to Ireland to make up for the shortfall.

However Apple, along with the Irish State have always fought against this.

The latter will argue it doesn't treat one company different to another, when it goes before the General Court later.

Meanwhile, Ireland has since been forced to take the billions of euro from Apple.

The money is being held in an escrow account until the appeals process has ended.

Over the course of today and tomorrow, both the State and Apple will aim to have the original ruling reversed.

The court will then decide whether the Commission was right to place the record tax bill on the tech giant.

More on this topic

ESRI steps up warning over corporation taxESRI steps up warning over corporation tax

Trust behind Cork City FC and GAA manager among latest tax defaulters published by RevenueTrust behind Cork City FC and GAA manager among latest tax defaulters published by Revenue

Making Cents: Tax refund would be welcome at an expensive timeMaking Cents: Tax refund would be welcome at an expensive time

Pointers to getting the most from tax reliefsPointers to getting the most from tax reliefs

More in this Section

Aer Lingus adds flight to Greek island as part of summer scheduleAer Lingus adds flight to Greek island as part of summer schedule

Business movers: Kevin Davidson appointed as the new MD of BMW Group Ireland.Business movers: Kevin Davidson appointed as the new MD of BMW Group Ireland.

Employment law expert: Returning emigrant workers will be glad to see how well their rights are protectedEmployment law expert: Returning emigrant workers will be glad to see how well their rights are protected

Saudi Aramco reaches landmark $2 trillion in second day of tradingSaudi Aramco reaches landmark $2 trillion in second day of trading


Lifestyle

Ciara McDonnell talks to four high-profile people about their festive traditions and favourite tracksHere's what has these famous faces rockin’ around the Christmas tree

More From The Irish Examiner