EU orders Apple to pay up to €13 billion in taxes

The European Commission has ordered Ireland to claw back up to €13 billion (£11.1 billion; $14.5 billion) in back taxes from Apple.
The European Union has never ordered a company to pay this much before, with Tuesday's decision smashing the €1.4 billion (£1.2 billion; $1.6 billion) levied against the French energy giant EDF in 2015.
Margrethe Vestager, the EU's competition commissioner, announced the figure at a European Commission press conference.
"Member states cannot give tax benefits to selected companies — this is illegal under EU state aid rules," Vestager said in a press release ahead of her speech. "The commission's investigation concluded that Ireland granted illegal tax benefits to Apple, which enabled it to pay substantially less tax than other businesses over many years. In fact, this selective treatment allowed Apple to pay an effective corporate tax rate of 1% on its European profits in 2003 down to 0.005 per cent in 2014."
Apple said the decision would affect how much it invests in Europe and how many people it employs in the region.
An Apple representative said: "The European Commission has launched an effort to rewrite Apple's history in Europe, ignore Ireland's tax laws, and upend the international tax system in the process. The commission's case is not about how much Apple pays in taxes — it's about which government collects the money. It will have a profound and harmful effect on investment and job creation in Europe."Apple follows the law and pays all of the taxes we owe wherever we operate. We will appeal, and we are confident the decision will be overturned."
Ireland's finance minister, Michael Noonan, said in a statement: "I disagree profoundly with the commission's decision." He added: "The decision leaves me with no choice but to seek Cabinet approval to appeal the decision before the European courts."
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