EU Drops Court Case After Apple Repays More Than $16 Billion In Taxes and Interest To Ireland

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The European commission ruled in August 2016 that Apple had received unfair tax incentives from the Irish government. Both Apple and Dublin are appealing against the original ruling, saying the iPhone maker's tax treatment was in line with Irish and EU law. Ireland's finance ministry, which began collecting the back taxes in a series of payments in May, estimated last year the total amount could have reached -- [$17.5 billion] including EU interest. In the end the amount was [$15.2 billion] in back taxes plus [$1.4 billion] interest.

Ireland collects more than €14bn in taxes and interest from Apple
 
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