Apple slams EU as epic court battle over tax bill begins

  • 📰 ANCALERTS
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 50%

Philippines Headlines News

Philippines Latest News,Philippines Headlines

LUXEMBOURG - Apple went on the offensive against Brussels in an EU court on Tuesday, fighting the European Commission's landmark order that the iPhone-maker reimburse Ireland 13 billion euros in back

LUXEMBOURG - Apple went on the offensive against Brussels in an EU court on Tuesday, fighting the European Commission's landmark order that the iPhone-maker reimburse Ireland 13 billion euros in back taxes.

"The Commission decision simply ignores Irish laws," Ireland's representative Maurice Collins told judges. This privilege allegedly gave Apple an advantage over other companies, allowing it to avoid Irish taxes between 2003 and 2014 of around 13 billion euros which, according to Brussels, constituted illegal "state aid" by Ireland.

"The European Commission has tried to rewrite Apple's history in Europe, to ignore Ireland's tax laws and, in doing so, to disrupt the international tax system," Tim Cook said in an open letter in 2016. The two days of hearings are taking place in a tense trade context between the EU and the United States. President Donald Trump accuses Europeans of deliberately attacking American technology giants.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 26. in PH

Philippines Latest News, Philippines Headlines

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

Apple embarks on EU court battle over 13B-euro tax billThe EU accuses Apple of parking untaxed revenue earned in Europe, Africa, the Middle East and India, in Ireland.
Source: rapplerdotcom - 🏆 4. / 86 Read more »

UK PM says ‘good chance’ of Brexit deal but EU ‘movement’ neededBritish Prime Minister Boris Johnson on Monday said there was a
Source: manilabulletin - 🏆 25. / 51 Read more »

Apple embarks on EU court battle over 13B-euro tax billThe EU accuses Apple of parking untaxed revenue earned in Europe, Africa, the Middle East and India, in Ireland.
Source: rapplerdotcom - 🏆 4. / 86 Read more »

Of transformations and make-overs: When journos do the ‘pageant walk’CEBU CITY, Philippines – Their transformation began the moment they accepted the challenge. Cebu Daily News Digital’s multimedia reporter Rosalie Abatayo and photographer/videographer Gerard Francisco stepped out from their comfort zones when they became CDN Digital’s official representatives in Mister and Miss Press Freedom 2019. Both placed third runner-up during the coronation night held on […]
Source: cebudailynews - 🏆 8. / 71 Read more »

Johnson the Brexit 'Hulk' finally meets EU's JunckerBoris Johnson will enjoy a genteel working lunch with Jean-Claude Juncker, EU Commission president.
Source: rapplerdotcom - 🏆 4. / 86 Read more »

Palace slams US release of 'overdramatized' docufilm on Duterte's drug war
Source: ABSCBNNews - 🏆 5. / 83 Read more »