Apple Wins Major Tax Battle Against EU

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Apple wins major tax battle with the European Union as the bloc's second-highest court rules the company doesn't have to pay $14.8 billion to Ireland

Apple Inc. won a major battle with the European Union, when the bloc’s second-highest court on Wednesday sided with the U.S. company over a €13 billion tax bill that EU antitrust officials had said the company owed to Ireland.

The case stems from a 2016 decision by the European Commission, the bloc’s top antitrust enforcer, which said that Ireland must be paid €13 billion in tax breaks from between 2003 and 2014, money the commission said constituted an illegal subsidy under the bloc’s strict state-aid rules....

 

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GREAT RELIEF TO COMPANIES. TO HAVE CLEAR UNDERSTANDING IN ADVANCE ABOUT TAXES, COMPLIANCE OF VARIOUS COUNTRIES. PRESCRIBE GLOBAL COMPLIANCE STANDARDS, CLEAR POLICIES, IMPARTIAL ADMINISTRATION TO REDUCE, PREVENT LITIGATION, DISPUTE, ADVANCE RULING, CLARIFICATION MECHANISM FOR ALL.

This is obsene from the world so biggest cash cow

Well that sucks they could have made a lot of Guinness with that money

.005% tax rate is not bad, Apple please leave Ireland

Fuck Apple

Ireland is a heaven tax!!!!

That moment when Apple is smarter than the entire EU 🙃

EU, you can't sue your master, puppet!

Why not?

Shameful

Buy more shares back Apple

Wonder what fraction of the $14.8 billion had to go to bribes to be able to not pay the $14.8 billion.

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Apple wins backing of EU court over 13 billion euros in unpaid taxesАрмения продолжает оккупировать снова. Мы решительно осуждаем агрессивные и жестокие действия Армении и призываем все мировое сообщество высказать свою позицию. Останови армянскую агрессию! StopArmenianAgression StopArmenianOccupation KarabakhisAzerbaijan
Source: CNBC - 🏆 12. / 72 Read more »

Crunch time for Apple in fight against $15 billion EU tax orderApple's clash with EU competition regulators comes to a head on Wednesday as Europe's second-highest court rules on whether it has to pay 13 billion euros ($15 billion) in Irish back taxes, a key part of the EU's crackdown against sweetheart tax deals. EU’s strategy. Want to raise some money? let’s sue a US tech company. What How is it illegal? My favorite Irish company.
Source: Reuters - 🏆 2. / 97 Read more »