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The U.S. Government has Filed an Application with EU Court that they will be Intervening in the Apple Tax Case

1 EU TAX  APPLE

 

On June 23, Patently Apple posted a report titled "Ireland Looks to indemnify itself against any Losses Stemming from Holding Apple's €13bn in Back Taxes." Towards the end of that report I had reminded readers that the U.S. Treasury had warned Europe that there would be retaliation for any harsh move against Apple. As with all red lines in the sand, the Obama administration failed to follow through with such action. I was hoping that the Trump administration would would now step in with more than talk.

 

This afternoon Reuters is reporting that the U.S. Government seeks to intervene in Apple's EU tax appeal according to their sources. More specifically, the source is stating that he "can confirm the United States filed an application with the European Union General Court to intervene in the case involving the retroactive application of state aid rules to Apple," said the source, who declined to be named because of the sensitivity of the matter. For more on this, read the full Reuters report.

 

U.S. President Trump will be in Europe beginning Friday for the G-20 meeting where he's scheduled to hold several high-level side meetings with various world leaders. Whether the government will step in at that time to discuss the Apple ruling is unknown at this time. However, Trump did meet with Apple's CEO Tim Cook and other Silicon Valley executives on June 26 and may have discussed various issues needed for the G-20 meetings.

 

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