Apple Inc. and Ireland agree on an interim deal to put EUR13 billion in an escrow fund for the repayment of back taxes, starting early 2018. Still, both parties refute that the alleged " sweetheart" corporate tax deals were illegal. In 2016, the European Commission found that an unfair advantage of EUR13 billion is to be reimbursed.
To keep EU regulators happy, Apple will begin paying unpaid taxes to Ireland, which will be saved into an escrow account.
The European Commission denies accusations that it broke Ireland's laws against using taxpayers' money on referendum spending after an EU office in Dublin paid EUR150,000 to insert a guide to the Treaty of Lisbon into all Sunday newspapers as the country's second referendum approaches. 2009-09-29 (Context: European Commission, Irish)
The European Commission fines Google EUR4.34 billion for breaching EU antitrust regulations, claiming that Google abused the dominant position of Android to promote their search product. Google announces it will appeal the ruling. 2018-07-18 (Context: European Commission)
Japanese Prime Minister Shinzo Abe and European Commission President Jean-Claude Juncker hold a summit in Tokyo and sign a deal creating an open trade zone between their states. 2018-07-17 (Context: European Commission)
The European Commission proposes to implement two measures by August, designed to counter the US exit from the agreement with Iran. These would extend the EU blocking statute and allow an extension of the European Investment Bank mandate. 2018-06-6 (Context: European Commission)
The European Commission proposes to double funding for the Erasmus Programme. If adopted, the 2021-2027 budget for the student exchange programme would be EUR30 billion. 2018-05-30 (Context: European Commission)