Tuesday, May 13, 2025
Germany Latest News
  • Sports
  • USA
  • Asia
  • Health
  • Life Style
  • Tech
  • Science
  • Latin America
  • Africa
  • Europe
No Result
View All Result
Germany Latest News

Ireland signs landmark agreement to recover Apple taxes

by The Editor
April 26, 2018
in Tech
0
Ireland signs landmark agreement to recover Apple taxes

Related posts

What Are the Pros and Cons of Sperm Freezing Technology?

What Are the Pros and Cons of Sperm Freezing Technology?

September 8, 2023
How Tech Partnerships Can Keep the E-Commerce Boom Going?

How Tech Partnerships Can Keep the E-Commerce Boom Going?

September 8, 2023

Technology giant Apple signed a legal agreement with the Irish government today that will allow the recovery of tax breaks deemed illegal by the end of the year.

In October, the European Commission referred Ireland to the European Court of Justice, after it missed a January deadline to recover over €13 billion in tax breaks given to Apple, deemed illegal state aid.

Progress toward recovering the money likely saves Ireland from a second ECJ referral that could result in a fine.

The Irish finance ministry said today it has agreed with Apple on a legal framework to govern the collection and eventual payment of funds into an escrow account, which it called “a significant milestone” toward collecting the money. The ministry said they anticipate full recovery of funds by the end of the third quarter this year.

The agreement sets the groundwork for the collection of money, as the custodian and investment managers for the account can now be appointed, and formal accounts can be opened into which funds will be paid.

The preferred provider of escrow agency and custodian services is Bank of New York Mellon, London Branch, while Amundi, BlackRock Investment Management (UK) Limited and Goldman Sachs Asset Management International have been selected as preferred providers of investment management services.

In August 2016, European Competition Commissioner Margrethe Vestager told Apple to reimburse €13 billion, plus interest, ruling that because a tax break given to Apple wasnt available to all companies, it was unfair. Both Apple and Ireland appealed the ruling.

Original Article

Previous Post

Europes new privacy rules are no silver bullet

Next Post

EU tries to shield 2019 election from fake news

Next Post
EU tries to shield 2019 election from fake news

EU tries to shield 2019 election from fake news

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED NEWS

US: Assange’s Possible Extradition Threatens Journalism

US: Assange’s Possible Extradition Threatens Journalism

6 years ago
Springboks coaches to work with Super Rugby teams

Springboks coaches to work with Super Rugby teams

6 years ago
Madonna angry after sound system is switched off at 11pm in London gig when she’s still singing

Madonna angry after sound system is switched off at 11pm in London gig when she’s still singing

5 years ago
Didi hits back, says attack on federal norms; TMC questions Centres intent

Didi hits back, says attack on federal norms; TMC questions Centres intent

5 years ago

FOLLOW US

  • 139 Followers
  • 87.2k Followers
  • 202k Subscribers

BROWSE BY CATEGORIES

  • 1xbet Casino Russia
  • 1xbet Russian Top
  • Africa
  • Asia
  • Europe
  • Health
  • latest news
  • Latin America
  • Life Style
  • Mail Order Brides
  • Mostbet
  • Online dating
  • onlyfans
  • Pin Up
  • Pin Up Russia
  • Science
  • Sports
  • Tech
  • Uncategorized
  • USA

BROWSE BY TOPICS

2018 League Bali United Beijing BlackBerry Brazil Broja Budget Travel Bundesliga California Champions League Chelsea China Chopper Bike Coronavirus COVID COVID-19 Crime Doctor Terawan EU France French German Istana Negara Italy Kazakhstan Market Stories Mexico National Exam Nigeria Omicron Pakistan Police protests Qatar Ronaldo Russia Smart Voting Sweden TikTok Trump UK Ukraine US vaccine Visit Bali
No Result
View All Result

Recent Posts

  • OnlyFans Platform Analysis
  • How to Day German Fashion
  • Southeast Continental Capabilities
  • What is a Mail Order Wife?
  • What to Discuss on a First Date?

Categories

  • 1xbet Casino Russia
  • 1xbet Russian Top
  • Africa
  • Asia
  • Europe
  • Health
  • latest news
  • Latin America
  • Life Style
  • Mail Order Brides
  • Mostbet
  • Online dating
  • onlyfans
  • Pin Up
  • Pin Up Russia
  • Science
  • Sports
  • Tech
  • Uncategorized
  • USA

Tags

2018 League Bali United Beijing BlackBerry Brazil Broja Budget Travel Bundesliga California Champions League Chelsea China Chopper Bike Coronavirus COVID COVID-19 Crime Doctor Terawan EU France French German Istana Negara Italy Kazakhstan Market Stories Mexico National Exam Nigeria Omicron Pakistan Police protests Qatar Ronaldo Russia Smart Voting Sweden TikTok Trump UK Ukraine US vaccine Visit Bali
Federal Government focuses on “integrated security”
latest news

Federal Government focuses on “integrated security”

by The Editor
June 14, 2023
0

Berlin (dpa) – The Federal Government is responding to the challenges of an increasingly unstable world order by means of a “policy...

Read more

Recent News

  • OnlyFans Platform Analysis
  • How to Day German Fashion
  • Southeast Continental Capabilities

Category

  • 1xbet Casino Russia
  • 1xbet Russian Top
  • Africa
  • Asia
  • Europe
  • Health
  • latest news
  • Latin America
  • Life Style
  • Mail Order Brides
  • Mostbet
  • Online dating
  • onlyfans
  • Pin Up
  • Pin Up Russia
  • Science
  • Sports
  • Tech
  • Uncategorized
  • USA

Recent News

OnlyFans Platform Analysis

June 12, 2024

How to Day German Fashion

May 5, 2024
  • About
  • Advertise
  • Careers
  • Contact

© 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.

No Result
View All Result
  • Sports
  • USA
  • Asia
  • Health
  • Life Style
  • Tech
  • Science
  • Latin America
  • Africa
  • Europe

© 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.