The European Union is expanding its investigation into Apple
The investigation began in 2014.
The EU is pursuing multiple international companies over attitudes towards tax, including Apple, McDonald's, and Fiat. Many countries, such as Luxembourg and the Netherlands, have been ordered to recoup millions in lost tax revenue.
The investigation into Apple has been extended and expanded after the EU sent another bulky set of questions to the Irish government, according to the report. "We do not expect any decision until after the new year," said a spokesperson for the Irish finance ministry.
Apple has its European headquarters in Ireland, which houses over 5,000 employees. The company has come under fire in other European countries for paying little, or no, tax. The Daily Mail reported that Apple paid just £11 million ($16 million) in the UK despite making over £1.9 billion ($2.8 billion) in profit during 2014. The company paid the same amount the previous year.
Some lawyers have suggested the extension, which is due to the larger volume of questions, may be linked to the upcoming general election in Ireland, expected to be held in February.
The result of the Apple case could be a key issue in the election, according to The Financial Times.
Opposition parties, including Sinn Féin, have been highly critical of Ireland's tax corporate tax operation.
Business Insider has reached out to Apple and will update the post when we hear back.
- Adani Ports Q1 profits declines to ₹1,091 crore
- Unicorns and startups should prepare for a longer funding winter, says SoftBank's Masayoshi Son
- Lok Sabha passes Energy Conservation Bill to promote non-fossil fuels
- Indian government is reportedly planning on restricting Xiaomi, Realme, Vivo and Oppo from the budget smartphone segment
- Less than 50% of children able to catch up with age-appropriate learning, claims survey