Wednesday, 15 July 2020

EU General Court rules Apple does not have to pay €13B in taxes to Ireland

Back in 2016, Apple was accused by the European Commission of receiving illegal tax cuts in Ireland. Cupertino was then forced to pay the amount of €13 billion ($15 billion) which was accumulated during the 2003-2014 period during which it allegedly paid a reduced corporate tax of just 1% on its profits instead of Ireland's 12.5% corporate tax. #EUGeneralCourt annuls the decision taken by the @EU_Commission regarding the Irish #TaxRulings in favour of @Apple #Apple #EUCommission #StateAid— EU Court of Justice (@EUCourtPress) July 15, 2020 Apple has since...

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