Apple will pay the 13.000 million required by the European Union next year

Apple, like many American companies headquartered in Ireland, are seeing how in recent years have become the main objective of the European Union, so that they pay all the money that they have legally saved by having the fiscal headquarters in that country for all of Europe.

Ireland has offered advantageous conditions to these companies, not only to Apple, to try to attract them to establish their bases in the country, with tax advantages, most beneficialof which the country already has. But it seems that paradise is over.

In August 2016, the European Union presented the results of the investigation that it had carried out and that was related to Apple's tax payment in Ireland, thanks to the advantageous tax conditions offered by the country, conditions that had allowed the company to save just over 13.000 million euros between 2003 and 2014.

The European Union demanded that the government of Ireland request that money from the Cupertino-based company, but the government of the country began to delay which forced the European Union to take the Irish government to court to demand that money once and for all.

As reported by The Wall Street Journal, Apple has finally reached an agreement with the Irish government to start making the payment throughout the year that comes, probably during the first quarter of the year, which in theory would end with the European Union's lawsuit against this government.

It should be remembered that the corporate tax in Ireland is one of the lowest in the European Union, 12%, which is why many foreign companies establish their tax headquarters there. But, in the case of Apple, the terms agreed by both Apple and the government, they reduced that tax to 4%.


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