Apple wins EU court case over $21 billion in claimed taxes

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Apple does not have to pay 13 billion euros ($21 billion) in back taxes to Ireland, as the EU's executive commission wants

But the Luxembourg-based General Court said Wednesday that "the Commission did not succeed in showing to the requisite legal standard that there was an advantage."

The Irish government immediately welcomed the ruling. "Ireland has always been clear that there was no special treatment provided" to the US company, it said in a statement. "Ireland appealed the Commission Decision on the basis that Ireland granted no state aid and the decision today from the Court supports that view."

The ruling comes at a time when tax income for EU nations is especially welcome because of the economic impact of the coronavirus pandemic. At a time when cash-strapped households are suffering, the EU wants to make sure multinationals making profits on the continent pay their fair share, too.

 

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We live in age where multinationals write the trade agreements of nations and dictate what politicians say. This is tyranny by stealth and the media is entirely bought & complicit

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