EU order for Apple to pay €13bn tax bill to Ireland “defies reality and common sense”

19 September 2019
381 Views

The European Union’s order for Apple to pay €13bn in back taxes to Ireland “defies reality and common sense”, the company said today as it and the Government launched a two-pronged legal challenge against the 2016 ruling.

The iPhone maker accused the European Commission of using its powers to combat state aid “to retrofit changes to national law”, in effect trying to change the international tax system and in the process creating legal uncertainty for businesses.

Apple’s arguments at Europe’s second-highest court, the General Court in Luxembourg, came after the EU executive in 2016 said the tech giant benefited from illegal state aid due to two Irish tax rulings that artificially reduced Apple’s tax burden for more than two decades.

Lawyers representing the State said Ireland had been the subject of entirely unjustified criticism and argued that the Apple tax case reflected a mismatch between the Irish and US tax systems.

You may be interested

Ankara blocks inspection of Turkish ship by German frigate in Libya (video)
SLIDE
shares24 views
SLIDE
shares24 views

Ankara blocks inspection of Turkish ship by German frigate in Libya (video)

makis - Nov 23, 2020

Ankara has prevented a German frigate, participating in the European Union’s “IRINI” mission, from inspecting a suspected Turkish cargo ship…

Biden Deputy Chief of Staff pushed “mandatory” firearm buybacks
WORLD
shares31 views
WORLD
shares31 views

Biden Deputy Chief of Staff pushed “mandatory” firearm buybacks

Panos - Nov 23, 2020

Jennifer O’Malley Dillon, would-be White House Deputy Chief of Staff for a Biden administration, managed Robert ‘Beto’ O’Rourke’s 2020 campaign and pushed…

The Greek island with the 235 Churches you must visit (drone video)
GREECE
shares41 views
GREECE
shares41 views

The Greek island with the 235 Churches you must visit (drone video)

Panos - Nov 23, 2020

Greece has been blessed to be sprinkled with hundreds of islands around its shores, with each offering visitors something unique.…

Leave a Comment

Your email address will not be published.