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Apple ruling to be appealed
By Mark Scott
New York Times

The Irish government agreed Friday to appeal a record $14.5 billion European ruling against Apple’s tax practices in the country, as tensions mount over whether the technology giant paid a sufficient amount on its global operations.

The move comes despite increasing division among Irish ministers over whether to appeal the ruling issued by Europe’s competition authorities.

Several lawmakers have questioned such a move, given that the tax penalty is equivalent to what the country pays annually to fund its national health care system. That debate has intensified since Ireland has faced almost a decade of austerity after the financial crisis.

Despite the tension, the Irish government unanimously backed the appeal against the tax ruling, though the country’s Parliament will be reconvened Wednesday to debate the decision.

A review of the country’s corporate tax system will also be held to evaluate the complicated structures that multinational companies in Ireland often use to reduce their overall tax obligations. The review will not look at the country’s 12.5 percent corporate tax rate, one of the lowest in the West.

New York Times