Ireland and Apple have won their appeal against the European Commission which will allow Apple to refrain from paying a €13 billion tax bill, plus another €1.2 in interest that the commission said Apple had to pay back in 2016.
It comes as the European Commission unveiled a new tax package built on the twin pillars of fairness and simplicity, to ensure that EU tax policy supports Europe's economic recovery and long-term growth.
Ian Guider, markets editor of the Business Post, joined us with this and the following other business stories:
- McDonald's European parent company injects €75 million into Irish business
- The Guardian is to cut nearly 200 jobs but won't give up on its free news model