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Apple must be forced to repay taxes lost through dodgy deals with government
national |
economics and finance |
press release
Wednesday June 03, 2015 23:24 by ER
Press Release 28th May 2015 - Debt and Development Coalition Ireland Apple must be forced to repay taxes lost through dodgy deals with government, say tax campaigners In advance of DDCI’s presentation to the Parliament delegation on Thursday, DDCI coordinator Eilis Ryan said the visit of the delegation was a clear sign that European politicians – just like the Irish public – are losing patience with corporate tax dodging – in particular in light of ongoing cutbacks blamed on lack of revenue by government. “The preliminary findings of the European Commission’s inquiry into Apple’s tax arrangements in Ireland demonstrate the blatant ability of multi-national companies to manipulate their profits in order to minimize tax. In the case of Apple in Ireland, this seems to have been done with the blessing of the Irish government.” Ryan continued; “These tax rulings – which guaranteed indefinite low rate tax payments – given by Irish Revenue to Apple in 1991 and 2007 were based on no known or agreed set of criteria, were never made public, and are legally dubious. She concluded; “We need to know the nature of any special tax arrangements reached with companies like Apple, and when that is known, there is a clear need to demand repayment for revenue lost through dodgy tax deals.” Contact - Eilis Ryan DDCI Coordinator - 0863108553 Notes for editors - The European Parliament Special Committee on tax rulings and other measures of similar effect was established in February 2015 to investigate the nature of profit-shifting, tax rulings and illicit tax arrangements, in the wake of the LuxLeaks and SwissLeaks - The delegation is composed of MEPs from every party, and is accompanied by Irish MEPs Brian Hayes, Marian Harkin and Matt Carthy; - The delegation is in Dublin on May 28th - The European Commission began an investigation last year into Ireland’s tax arrangements with Apple. It issued its preliminary view on 30th September 2014 that Ireland’s tax arrangements with Apple do constitute state aid. |