Apple pays $1.77bn of total $15bn tax fine to Ireland
San Francisco, May 20: Apple has paid $1.77 billion of total $15 billion to the Irish government as it begins to collect tax and interest into an escrow account set up to hold the sum.
"This is the first of a series of payments with the expectation that the remaining tranches will flow into the fund during the second and third quarter of 2018 as previously outlined," the Irirsh Times quoted Minister for Finance Paschal Donohoe as saying after the first transfer.
In August 2016, the European Commission said that Apple benefited from illegal tax benefits in Ireland from 2003 to 2014.
Meanwhile, Apple and Ireland are still pursuing appeals against a 2016 European Commission's decision saying the iPhone maker's tax treatment was in line with Irish and European Union law.
In 2016, the EU ordered the iPhone maker to pay almost $15 billion in back taxes to Ireland as it believed Ireland had not been collecting enough taxes and instead had been giving companies like Apple too big of a break on its already low 12.5 per cent tax rate.
Apple has reportedly moved its cash to the small island of Jersey off the south coast of England to avoid further Irish taxation, CNET said in a report.
The Irish government expects that all of the money would be transferred by the end of September.
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Nation's willpower as important as military strength for ensuring security, says NSA Doval
Gandhinagar (PTI): National Security Advisor (NSA) Ajit Doval on Tuesday described national security as a complex and multifaceted phenomenon, and stressed that the biggest mistake in assessing a nation's strength is ignoring the willpower of its people.
While factors such as military strength are critical, inherent strength of people often proves decisive in security matters, he insisted.
Addressing students at the fifth convocation ceremony of the Rashtriya Raksha University (RRU) in
Gandhinagar in the presence of President Droupadi Murmu, Doval emphasised that national security is a collective responsibility shared by the entire nation.
"National security is a vast, complex, and multifaceted phenomenon. It comprises numerous components: a nation's military might, technological prowess, natural resources, diplomatic strength, and human capital," he said in his address to students passing-out of the government-run university, which has been designated as an institution of national importance.
However, what often happens and where errors most frequently occur when assessing this comprehensive national power is in the evaluation of the nation's willpower and the inherent strength of its people, said the NSA.
Explaining this, Doval cited global examples and said, "If Russia (then USSR) withdrew from Afghanistan (in 1988-89), or if the United States was compelled to withdraw from Vietnam (in 1970s) or if the US failed to achieve its objectives in Afghanistan - it was not for a lack of technology or military strength.
"Rather, the decisive factor was the spirit and commitment of the local people, what we refer to as nation's willpower."
He stressed that the sole objective of warfare is to break the morale of one's adversary, thereby compelling them to accept a treaty on your terms.
The NSA said the role of citizens is crucial in building this strength.
"In the cultivation of this willpower, the role of general public is of paramount importance, specifically the degree of awareness regarding their own security," he opined.
Doval noted India is witnessing a shift in this regard.
"Today, after a long time in our history, we are witnessing a new awakening. (That) national security is a collective responsibility shared by the entire nation. It is not the sole responsibility of the armed forces, police, or intelligence agencies -- it is the combined strength of all of you that ultimately constitutes our national morale," he told the gathering.
Highlighting the role of professionals in security ecosystem, including those in academia, research and operations, he said their knowledge, technical expertise and awareness significantly influence outcomes.
The NSA stressed the importance of character and discipline in the field, saying "mental power" and the ability to work as a team are essential qualities for excelling.
Calling commitment the "third indispensable element," Doval said the field of national security demands the highest level of dedication.
In a message to youngsters wishing to join the security domain, the NSA asserted, "This is a game in which there are no silver medals. You are either victorious, or you are vanquished. If you win, you make history; but if you lose, you become history. Your very existence will be at stake."
During the convocation ceremony, Doval was conferred an honorary Doctor of Philosophy (PhD) degree by President Murmu in recognition of his contributions to national security.
"With the utmost humility, I accept the Honorary Doctorate degree conferred upon me here today. I am deeply grateful for this honour," the NSA added.
