Article 55QXJ Apple does not need to pay €13bn Irish tax bill, EU court rules

Apple does not need to pay €13bn Irish tax bill, EU court rules

by
Daniel Boffey in Brussels
from Technology | The Guardian on (#55QXJ)

European commission failed to prove Apple had benefited from arrangement, court finds

The European commission has been dealt a major blow in its battle to stop EU member states granting sweetheart tax deals to multinational corporations after the bloc's general court ruled that Apple did not need to pay 13bn (11.7bn) in back taxes to the Irish government.

The Luxembourg-based court found the EU's executive body had failed to prove that the iPhone maker benefited from an allegedly illegal arrangement with the Irish authorities, in a decision with wide repercussions for the bloc's plans to clamp down on tax avoidance.

Continue reading...
External Content
Source RSS or Atom Feed
Feed Location http://www.theguardian.com/technology/rss
Feed Title Technology | The Guardian
Feed Link https://www.theguardian.com/us/technology
Feed Copyright Guardian News and Media Limited or its affiliated companies. All rights reserved. 2024
Reply 0 comments