Michael Noonan: Apple tax verdict may come in July

The European Commission may deliver its verdict on Apple’s tax arrangements in Ireland as soon as next month, according to Finance Minister Michael Noonan, offering the first clues to a firm timeline for a decision.

European authorities opened the probe in 2014, and in preliminary findings, said Apple’s tax arrangements were improperly designed to give the company a financial boost in exchange for jobs in Ireland.

“The speculation now is that the commission may make a decision sometime in July,” Mr Noonan said in an interview in Luxembourg yesterday.