European Commission to challenge Apple tax bill verdict

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EU Competition Commissioner, Margrethe Vestagersymbol copyrightGetty Pictures
symbol captionThe EU’s Margrethe Vestager says the enchantment will pass ahead of the Ecu Court docket of Justice
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The Ecu Fee plans to enchantment towards a ruling that Apple does no longer must pay 13bn euros (£11.6bn) in again taxes to Eire.

The EU’s Common Court docket had dominated in July there used to be no proof Apple had damaged any laws on tax paid there.

Eire by no means disputed the association however the Ecu Fee, which introduced the case, argued it enabled Apple to keep away from taxes on EU revenues.

The EU mentioned paying the right kind quantity of tax used to be “a peak precedence”.

In 2016, a court docket dominated that Apple had certainly been given unlawful tax breaks by way of Dublin – however this used to be overturned in July 2020.

  • Apple has €13bn Irish tax invoice overturned

The Ecu Fee claimed Eire had allowed Apple to characteristic just about all its EU profits to an Irish head place of job that existed handiest on paper, thereby warding off paying tax on EU revenues.

Eire has all the time mentioned Apple’s tax invoice used to be in step with its laws.

EU government vice-president and festival commissioner Margrethe Vestager, mentioned in a commentary: “If member states give positive multinational corporations tax benefits no longer to be had to their competitors, this harms honest festival within the Ecu Union in breach of state help laws.

“We want to proceed our efforts to position in position the best regulation to deal with loopholes and make sure transparency.”

A brand new enchantment will now pass ahead of a better court docket, the Ecu Court docket of Justice.

Similar Subjects

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  • Apple
  • Ecu Fee
  • Republic of Eire
  • Tax
  • Margrethe Vestager

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