Apple ruling pushes Irish government to the brink | Bangkok Post: news - News Summed Up

Apple ruling pushes Irish government to the brink | Bangkok Post: news


DUBLIN - Ireland's fragile minority government meets for crunch talks to resolve a stalemate on Friday after an EU ruling on Apple that has divided the country and undermined a cornerstone of its economic policy. The money is equivalent to around five percent of Ireland's gross domestic product last year and almost all of its annual healthcare budget. Ireland has two months to lodge an appeal against the ruling. "I would be more interested in preserving Ireland's sovereign tax status," he said, accusing the European Commission of interfering in Ireland's tax affairs. On Thursday, Apple chief Tim Cook turned up the heat further stating his belief that the Irish government "would do the right thing".


Source: Bangkok Post September 02, 2016 03:00 UTC



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