On February 20, the EU published arguments of Apple’s appeal against the EU Commission’s State Aid Decision of August 30, 2016, in which the Commission concluded that Ireland gave illegal tax benefits to Apple worth 13 billion Euro. The tech giant says EU made fundamental errors in interpreting the way in which Apple generated its profits.
On February 6, the Irish government’s summary of legal proceedings was also published in the Official Journal of the European Union. The pleas of Apple Sales International (ASI) and Apple Operations Europe (AOE) in their appeal against the European Commission’s have now been published. The arguments of both Apple and the Irish government overlap to some degree but also provide a different perspective on the issue.
Apple claims that the European Commission breached its fundamental “right to good administration.” Apple’s argumentation attacks Brussels for making fundamental errors in its interpretation of Irish law and of the way in which Apple generated its profits. It also addresses the fairness of the Commission’s investigation.
According to Apple, the Commission fails to recognize that Apple's profit-driving activities, in particular the development and commercialization of intellectual property (‘Apple IP’), were controlled and managed in the United States. The profits from those activities were attributable to the United States, not Ireland. The Commission wrongly considered only the minutes of the applicants’ board meetings and ignored all other evidence of activities. All 14 arguments of Apple, are provided in the source.
TPA Global has developed a practical roadmap of 6 steps meant to guide CFOs in their Journey of rising above troubles to reach a situation of full control. These steps are presented in a series of short video clips (3-5 minutes):
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