BREAKING: Apple wins £11.6bn tax appeal against the European Commission
Sky, 15 Jul 2020
Apple and Ireland have won an appeal against an EU order that the tech giant pay the country €13bn (£11.6bn) in back taxes.
In 2016, the European Commission ruled that Ireland had breached state aid rules by giving Apple unfair tax benefits, and ordered Ireland to recover the money plus interest.
Both Ireland and Apple appealed that judgement and, this morning, the General Court of the European Union annulled the European Commission decision.
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In 2016, the European Commission ruled that Ireland had breached state aid rules by giving Apple unfair tax benefits, and ordered Ireland to recover the money plus interest.
Both Ireland and Apple appealed that judgement and, this morning, the General Court of the European Union annulled the European Commission decision.
SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews
Follow us on Twitter: https://twitter.com/skynews
Like us on Facebook: https://www.facebook.com/skynews
Follow us on Instagram: https://www.instagram.com/skynews
For more content go to http://news.sky.com and download our apps:
Apple: https://itunes.apple.com/gb/app/sky-news/id316391924?mt=8
Android https://play.google.com/store/apps/details?id=com.bskyb.skynews.android&hl=en_GB
