EU brings Apple, Google to heel in €15.4B courtroom double-whammy
In two separate cases today, the EU’s Court of Justice ruled in favour of back taxes and fines against Apple and Google totalling €15.4bn, a major victory in the bloc’s ongoing battle with big tech. In the first ruling, the EU’s highest court has ordered Apple to pay Ireland €13.1bn in back taxes, bringing an end to the biggest tax dispute in history. The EU Court of Justice’s judgement backs the European Commission, which accused Apple of benefitting from “substantially and artificially lowered tax” in Ireland since 1991. “Ireland granted Apple unlawful aid which Ireland is required to recover,” the…This story continues at The Next WebOr just read more coverage about: Apple
In two separate cases today, the EU’s Court of Justice ruled in favour of back taxes and fines against Apple and Google totalling €15.4bn, a major victory in the bloc’s ongoing battle with big tech. In the first ruling, the EU’s highest court has ordered Apple to pay Ireland €13.1bn in back taxes, bringing an end to the biggest tax dispute in history. The EU Court of Justice’s judgement backs the European Commission, which accused Apple of benefitting from “substantially and artificially lowered tax” in Ireland since 1991. “Ireland granted Apple unlawful aid which Ireland is required to recover,” the…
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Or just read more coverage about: Apple