European regulators have been looking into Apple’s tax affairs in Ireland, the company runs its European operations from Ireland as do another of other company’s like Google.
The regulators in Europe have been looking into Apple’s tax affairs in Ireland and also looking into deals that the Irish Government may have given apple and other countries.
According to a recent report, the EU regulators are extending their investigation into Apple’s tax affairs in Ireland.
While Irish authorities had expected the case to be concluded soon, they have instead been sent bulky sets of supplementary questions, meaning it will be difficult to reach a final verdict until after the 2016 election, which is expected as early as February.
The Irish finance ministry confirmed that the government was supplying the requested additional information to the commission. “We do not expect any decision until after the new year,” said a spokesman.
Apple apparently has a deal where they pay just 2.5% corporation tax in Ireland as opposed to the 12.5% standard rate. If the EU regulators do find a problem with the deal it could be the fault of the Irish Government and not Apple.Filed Under: Apple, Technology News, Top News