Apple embarks on EU court battle over US$14 billion tax bill | The Malaysian Insight

Apple is due to challenge an EU decision on its tax revenue with CEO Tim Cook calling it ‘total political crap’. – AFP pic, September 17, 2019.

APPLE embarks on an epic court battle with the EU today, fighting the commission’s landmark order that the iPhone-maker reimburse Ireland US$14 billion in back taxes. Lawyers for the world’s biggest company will face EU officials in a Luxembourg court, challenging a decision that CEO Tim Cook slammed at the time as “total political crap”.

Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one week free access!

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Apple takes fight against 13 bil euro tax order to courtThe Commission says tax rulings by Ireland in 1991 and in 2007 reduced Apple's tax burden for over two decades, effectively making it illegal state aid. FMTNews
Source: fmtoday - 🏆 5. / 72 Read more »

EU business lobby warns of no-deal Brexit disaster | The Malaysian InsightBusiness Europe wants Britain to table viable options 'as a matter of urgency'.
Source: msianinsight - 🏆 8. / 63 Read more »

EU downbeat after Johnson-Juncker Brexit talksThe meeting between Johnson and Jean-Claude Juncker fails to yield any alternative to proposals on the Northern Ireland border. FMTNews
Source: fmtoday - 🏆 5. / 72 Read more »

What's new on The Malaysian Insight on 09/15/2019
Source: msianinsight - 🏆 8. / 63 Read more »

What's new on The Malaysian Insight on 09/16/2019
Source: msianinsight - 🏆 8. / 63 Read more »

Apple takes fight against 13 bil euro tax order to courtThe Commission says tax rulings by Ireland in 1991 and in 2007 reduced Apple's tax burden for over two decades, effectively making it illegal state aid. FMTNews
Source: fmtoday - 🏆 5. / 72 Read more »