July 17, 2024
Business News

€13bn tax battle: Apple and Ireland win appeal against EU ruling

Apple and Ireland have won their appeal against the European Commission’s €13.1 billion tax ruling.

The case arises from the European Commission’s 2016 direction to Ireland to recover €13.1 billion in unpaid taxes from the US tech giant.

The disputed taxes cover an 11-year period between 2003 and 2014, as well as €1.2 billion in interest.

The Commission claimed two tax rulings in 1991 and 2007 issued by Revenue to Apple had “substantially and artificially lowered” the tax paid the firm in Ireland since 1991 and had therefore amounted to illegal state aid.

However, Apple  accused the European Commission of trying to rewrite Apple’s history in Europe, ignore Irish tax laws and upend the international tax system.  It also alleges that the EU’s claim has no basis in fact or in law as Apple had never asked for, nor was it given, any special deals.

The Government also opposed the Commission’s decision, arguing it was fundamentally flawed and interfered with Ireland’s sovereignty.

It’s expected the decision will now be appealed to the EU’s higher court.

Related Posts

  1. william pater says:

    Hello everyone i am from USA i am here to give my testimony about an herbal doctor called Dr,olu I was heartbroken because i had very small penis,not nice to satisfy a woman, i have been in so many relationship, but cut off because of my situation, i have used so many product which doctors prescribe for me, but could not offer me the help i searched for. i saw some few comments on the internet about this specialist called Dr,OLU and decided to email him on his email i saw on the internet,(drolusolutionhome@gmail.com ) so I decided to give his herbal product a try. i emailed him and he got back to me, he gave me some comforting words with his herbal product for Penis Enlargement, Within three weeks of me use it, i began to feel the enlargement, ” and now it just 4 weeks of using his products my penis is about 8 inches longer, and i had to settle thing out with my ex girlfriend , i was surprised when she said that she is satisfied with my performance in bed and i now have a large penis.thanks to DR OLU for is herbal product. you can also reach him with emsil drolusolutionhome@gmail.com though is..number WHATASPP him today on this number [ +2348140654426 ]

Leave a Reply

Your email address will not be published. Required fields are marked *