IDA: European Commission’s Apple tax threats ‘unwarranted’

The chief executive of IDA Ireland has labelled the European Commission’s threat to take legal action if Ireland fails to resolve the Apple tax controversy as “unwarranted, unfounded and contradictory”.

Martin Shanahan made the comment in a staunch defence of the Government position on the issue just 24 hours after Brussels announced it is taking Ireland to the European Court of Justice over the matter.

Speaking at the latest meeting of the Dáil public accounts committee in which he rejected concerns the stand-off could cause Brexit-fleeing companies not to re-locate here, Mr Shanahan said he does not accept Ireland has done anything wrong.