Apple Scores in EU Court Decision – How Will the U.S. respond?
Kirchberg, Luxembourg City, Luxembourg – On July 15, the EU’s General Court, the second-highest court of law, nullified the European Commission’s August 2016 decision ordering Apple, Inc. to pay Ireland €13,000,000,000 in back taxes. The Court concluded the Commission did not sufficiently demonstrate that Irish authorities granted Apple’s subsidiary companies an advantage, as cited under Article 107(1) Treaty on the Functioning of the European Union. Additionally, the Commission considered the €13,000,000,000 to be illegal state aid.
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Lead developer and editor; legal/political reporter for the Current Affairs Times. World traveler. Mac 'n' cheese lover.