The Minister for Housing Simon Coveney has claimed the recent windfall in backdated taxes from Apple cannot be spent by the Government as it is not theirs to spend.
Mr Coveney also believes that the Government should contest the latest EU ruling as it interferes with Ireland’s taxation rights, Mr Coveney said: “I think it’s a flawed judgment by the commission.”
“They are trying to force a country to retrospectively claim taxes that, at the time, there was no illegal activity taking place.”
The Minister for Housing made his comments last night whilst attending an Irish Times-hosted property forum in Dublin. Mr Coveney told reporters: “The commission is trying to get involved in the politics of how corporation tax is set, with an agenda of trying to create a common corporate tax base and rate across the [EU]. They’re using state aid rules to try to do that.
“I think that is fundamentally flawed, and I think we have a very good chance in terms of a legal appeal.”
Source: Irish Times
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