German Economy Online

Saturday, September 3, 2016

Ireland: Schäuble welcomes EU decision to Apple – Times Online

the Minister of Finance supports the EU Commission’s decision that the Apple Group must pay extra taxes in Ireland. Consequences for Germany Schäuble not expect.



German Finance Minister Wolfgang Schaeuble, in case Apple in line with the European Commission. © Bernd von Jutrczenka / dpa
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German Finance Minister Wolfgang Schäuble (CDU) holds the EU Commission’s decision is right, the Apple to undertake Corporation to tax payments in the billions. EU Competition Commissioner Margrethe Vestager have its full support, Schäuble told the Bild am Sonntag . The EU Commission must consistently ensure that the competition rules are respected within the Union. “If a state each company gives undue advantage, it is true that the European Commission consistently against it happening.”

The fact that the Commission’s decision will have a direct impact on Germany, Schäuble does not believe. “The German authorities now consider the implications of the European Commission’s decision. At first glance, we can not probably expect that there will be consequences in Germany,” he said.

Apple threatens to deciding a tax payment of more than 13 billion euros. After conviction of European competition watchdog the iPhone maker in Ireland received illegal tax breaks in this same height. Ireland is the unlawful aid for the years 2003 to 2014 the demand now, plus interest. Both the Group and the Irish government want to take legal action against the decision.

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