Apple Incorporated: European Commission Fines Apple for Tax Evasion

Apple Incorporated: European Commission Fines Apple for Tax Evasion

Edwards, J.; Oduro, A.; Naik, A.; O’Rourke, J. S. (editor) Notre Dame
January 17, 2018
SKU: BUS-279

Region of the world: Europe, North America
Topic: Strategy & General Management, Marketing & Sales, Finance & Accounting
Keywords: Brand Management, Financial, International, Reputation Management
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In 1991, Apple mad a tax deal with the Irish government to pay very low tax rates, on the condition that the California-based company carry out its European operations in Ireland. This tax ruling is what the European Union has described as “state aid.” To remedy the situation the EU has ordered Apple to pay Ireland € 13 Billion, plus interest, (equivalent to $14.5 billion) for unpaid taxes between the years 2003-2014. This verdict has left Apple, the U.S., and Ireland displeased. Case # 17-01.

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