MOSCOW, 18 Sep — RIA Novosti. The European Commission (EC) is ready to close the court proceedings for allegedly unpaid taxes by Apple in Ireland after the full payment of the requested amount, was announced on Twitter by European Commissioner for competition Margrethe Vestager.
“Today the Minister for Finance of Ireland (Paskal — ed.) Donoho confirmed full payment of $ 14 billion in unpaid taxes Apple. That’s good. We can now close the proceedings on terms of payment,” said Vestager.
Earlier Tuesday edition of the Irish Times reported that Apple transferred 14.3 billion euros in government escrow account as compensation for unjustified tax breaks that Ireland was allegedly provided to the company. As said the publication, translation includes the principal amount of 13.1 billion euros ($15.3 billion) and the percentage of the EU in the amount of 1.2 billion euros (about 1.4 billion).
At the end of August 2016 the EC on the results of the investigation came to the conclusion that Ireland has given an unjustified tax breaks for Apple, with the result that the country sustained a loss of 13 billion euros. After that the American Corporation had to recover the unpaid taxes for the period from 2003 to 2014.
The EU authorities and Apple filed an appeal against the decision of the EC. The deadline for refunds was January 3. Subsequently the EC decided to file a lawsuit in the European court in connection with the fact that the Irish government is still unable to recover back taxes from Apple. The Irish government joined the appeal.
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