Thursday

29th Jun 2017

Ticker

EU orders Apple to repay up to €13bn in taxes

The European Commission on Tuesday ordered Apple to repay up to €13 billion to Ireland. The EU executive ruled that tax arrangements between Irish authorities and the US tech firm that allowed it to pay less taxes amounted to illegal state aid. The Irish government earlier said it might appeal against any EU decision forcing Apple to pay.

EU mulls post-Brexit budget options

EU seeks novel ways to plug a Brexit-based budget hole of up to €11 billion, but income from fines, such as the one on Google, cannot be relied on.

Slovenia and Croatia reignite border dispute

Croatia said it would not apply a ruling to be delivered by the international arbitration court on Thursday. Slovenia appeals to the EU to pressure its neighbour.

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