A summary of what the European Commission had to say on the Apple tax ruling

European Commissioner for Competition Margarethe Vestager didn't hold back in her criticisms of Ireland and Apple in her statement on the findings of the investigation into alleged breaches of state aid rules and their implications. Here's an edited summary of what she had to say. 

A summary of what the European Commission had to say on the Apple tax ruling

The European Commission has today adopted a decision that Apple's tax benefits in Ireland are illegal.

Two tax rulings granted by Ireland have artificially reduced Apple's tax burden for over two decades in breach of EU state aid rules. Apple now have to repay the benefits worth up to €13bn plus interest.

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