The Apple Inc. logo is seen at the entrance to the Apple store on 5th Avenue in Manhattan, New York on October 16, 2019.
The EU's General Court said in Wednesday's ruling that ”the commission did not succeed in showing to the requisite legal standard that there was an advantage”. against Apple was delivered in August 2016 by Competition Commissioner Margrethe Vestager in a shock decision that put Europe on the map as a scourge of Silicon Valley.the order, which Apple CEO Tim Cook slammed at the time as "total political crap".
The defeat for Vestager could weaken or delay pending cases against Ikea's and Nike's deals with the Netherlands, as well as Huhtamaki's agreement with Luxembourg.
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Apple wins fight against $15 billion EU tax orderEurope's second-highest court on Wednesday rejected an EU order for Apple to pay 13 billion euros ($15 billion) in Irish back taxes, dealing a blow to the bloc's attempts to crack down on sweetheart tax deals. eu people BoycottApple Disappointing Greed, tax shifting and tax fraud by powerful multinationals always wins. Tax, like justice, is meant to control the poor.
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Blow for EU as Apple wins fight against $15 billion tax orderApple scored a major win on Wednesday as Europe's second-highest court rejected an EU order for the iPhone maker to pay 13 billion euros ($15 billion) in Irish back taxes, dealing a blow to the bloc's attempts to crack down on sweetheart tax deals. Come on, Apple, give the poor old European Union a small hand-out. 😅 Tim Cook be like... Did anyone really expect a different outcome?
Source: Reuters - 🏆 2. / 97 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 »