Author: Rory Carroll in Dublin and Dan Milmo

The recent ruling by the EU’s top court regarding Apple’s tax arrangement in Ireland was a surreal victory for Margrethe Vestager, the EU competition chief. The court ruled that Apple should repay €13bn in “illegal” tax breaks, giving the Irish government a windfall equivalent to 14% of total annual public spending. Despite Apple’s dismay, the ruling has global implications for corporate tax practices. Ireland, known for its tax-friendly policies, has made significant changes in response to international pressure, including adopting a minimum corporate tax rate of 15%. While the ruling may be historical, it has implications for Ireland’s future attractiveness…