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Thursday, 1 September 2016

Apple Irish tax ruling 'maddening', says Tim Cook


Apple chief executive Tim Cook says the European Commission ruling that Apple should pay billions of euros in back taxes to the Republic of Ireland is "maddening" and "political".
He told Irish broadcaster RTE that Apple had not been given preferential tax breaks in Ireland.
The EU ruling said Apple had been given €13bn of "illegal" tax benefits.
Mr Cook said he was "very confident" the ruling would be overturned on appeal.
Speaking about the ruling, Mr Cook told RTE: "It's maddening, it's disappointing, it's clear that this comes from a political place, it has no basis in fact or in law, and unfortunately it's one of those things we have to work through."
"When you're accused of doing something that is so foreign to your values, it brings out an outrage in you, and that's how we feel. Apple has always been about doing the right thing," he added.
The Irish cabinet met on Wednesday to discuss the issue but failed to agree a position and will meet again on Friday to decide whether to appeal against the Commission's decision.

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