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19/10/2015
Investigation 'Imminent' Into Apple's Tax Arrangements - SF
An investigation into Apple's tax arrangements in Ireland is "imminent", Sinn Féin's Matt Cathy said.
Mr Carthy, a member of the European Parliament's Economic & Monetary Affairs Committee, said: "The key point at issue is whether Apple's agreements with the Revenue Commissioners broke European state-aid rules. If it is found that selective treatment was conferred on Apple, then the Irish Government has serious questions to answer primarily to the Irish people.
"Such an adverse ruling would undermine Ireland's corporate tax regime and would call into question the Revenue Commissioners arrangements with other global firms.
"Any special Revenue arrangement for Apple would be in defiance of Irish domestic law and would in effect mean that the Irish Government facilitated the manipulation of loopholes in legislation in order that Multi-National companies would pay less tax.
"The right of an Irish government to set our own tax rates, including corporation tax, is one that I have defended at all times, particularly in my dealings with the European Parliament's TAXE committee.
"However, it would be indefensible to allow hugely profitable companies free reign to manipulate our tax legislation while ordinary citizens are forced to comply with unjust and unfair taxation measures introduced by this Government.
"My colleague Pearse Doherty has repeatedly questioned Minister Noonan as to whether the money would be returned to the State, if an adverse finding rules that Apple did avoid taxes. Minister Noonan has stated in response that he doesn't want this money. This is a staggering position.
"If Ireland is due tax from any company, it shouldn't be afraid to claim that tax."
(MH/CD)
Mr Carthy, a member of the European Parliament's Economic & Monetary Affairs Committee, said: "The key point at issue is whether Apple's agreements with the Revenue Commissioners broke European state-aid rules. If it is found that selective treatment was conferred on Apple, then the Irish Government has serious questions to answer primarily to the Irish people.
"Such an adverse ruling would undermine Ireland's corporate tax regime and would call into question the Revenue Commissioners arrangements with other global firms.
"Any special Revenue arrangement for Apple would be in defiance of Irish domestic law and would in effect mean that the Irish Government facilitated the manipulation of loopholes in legislation in order that Multi-National companies would pay less tax.
"The right of an Irish government to set our own tax rates, including corporation tax, is one that I have defended at all times, particularly in my dealings with the European Parliament's TAXE committee.
"However, it would be indefensible to allow hugely profitable companies free reign to manipulate our tax legislation while ordinary citizens are forced to comply with unjust and unfair taxation measures introduced by this Government.
"My colleague Pearse Doherty has repeatedly questioned Minister Noonan as to whether the money would be returned to the State, if an adverse finding rules that Apple did avoid taxes. Minister Noonan has stated in response that he doesn't want this money. This is a staggering position.
"If Ireland is due tax from any company, it shouldn't be afraid to claim that tax."
(MH/CD)
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