Apple wins appeal against EU’s $14.9 billion tax bill
Illustration by Alex Castro / The Verge The EU's second-highest court has overturned a ruling that ordered Apple to pay a record 13 billion ($14.9 billion) in back taxes to the Irish government.
The ruling was originally made by the European Commission in 2016 and was seen as a significant win for Margrethe Vestager, the EU's antitrust chief. Vestager concluded that a sweetheart deal" from the Irish government meant the iPhone-maker paid an effective tax rate of less than 1 percent, a uniquely preferential deal that counted as illegal state aid."
Tim Cook said the 2016 ruling was political crap'
Member States cannot give tax benefits to selected companies - this is illegal under EU state aid rules," said Vestager in 2016. The Commission's investigation concluded that...