November 27, 2021

Volume XI, Number 331


Apple’s $14.5 Billion State Aid Ruling

The European Commission recently ruled that Apple must pay a record-breaking €13 billion ($14.5 billion) in back taxes and interest to Ireland for alleged underpayments in violation of EU state aid rules. Given the broad implications of this decision, which lies at the intersection of European tax and competition law, we have assembled a leading panel of tax and competition experts, including current and former government officials and leading practitioners, to discuss the consequences of this decision.


Robert Stack, Washington, Deputy Assistant Secretary (International Tax Affairs), U.S. Department of the Treasury
Johan Ysewyn, Brussels and London, Head of the firm’s EU Competition group and State Aid practice
Sophie Bertin, Brussels, former Head of Unit within the Directorate-General for Competition at the European Commission
 ■  Rob Culbertson, Washington, former IRS Associate Chief Counsel (International), will moderate the discussion

The panel will discuss:

The Apple ruling—rationale and what’s at stake
The U.S. Treasury Department’s response to the Commission’s ruling
Next steps in the Apple proceeding
Selectivity, fiscal sovereignty, and the future of state aid investigations
What multinational companies can and should be doing