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Apple tax: Irish tax criticisms 'unfair' says Noonan | |
(about 3 hours later) | |
Critics of Ireland's tax regime are drawing outdated and unfair caricatures, the Republic's Finance Minister Michael Noonan has said. | |
The Irish parliament has been recalled early to debate the European Commission's ruling that the country granted undue tax benefits of up to €13bn (£11bn) to Apple. | |
It follows the decision by the Irish government to appeal the ruling. | It follows the decision by the Irish government to appeal the ruling. |
Mr Noonan said Apple had not been shown favouritism. | |
"It is simply untrue that Ireland provided favourable treatment to Apple," the minister said. | |
On Tuesday night, members were given a 16-page Department of Finance document on the background to the ruling. | On Tuesday night, members were given a 16-page Department of Finance document on the background to the ruling. |
The ruling itself is confidential. | The ruling itself is confidential. |
Last week, the government said a motion would come before the Dáil (parliament) on Wednesday seeking an endorsement of its decision to appeal. | Last week, the government said a motion would come before the Dáil (parliament) on Wednesday seeking an endorsement of its decision to appeal. |
Previously, Apple chief executive Tim Cook said he was "very confident" the ruling would be overturned on appeal. | Previously, Apple chief executive Tim Cook said he was "very confident" the ruling would be overturned on appeal. |
He called the European Commission's decision "maddening" and "political". | He called the European Commission's decision "maddening" and "political". |
However, European Competition Commissioner Margrethe Vestager rejected Mr Cook's claims. | However, European Competition Commissioner Margrethe Vestager rejected Mr Cook's claims. |
She said it was "a decision based on the facts of the case, looking into Apple Sales International, how they are arranged within Ireland, and the profits recorded there". | She said it was "a decision based on the facts of the case, looking into Apple Sales International, how they are arranged within Ireland, and the profits recorded there". |