LUXEMBOURG: Apple accused the European Commission of misunderstanding its business on day two of the iPhone maker's appeal against a US$14 billion tax order, in a dispute that is key to the EU's drive to collect more taxes but which could also run for years.
Central to the dispute is the importance of the Irish businesses, with Apple lawyer Daniel Beard arguing on Wednesday they were not as significant as the Commission has asserted. Commission lawyer Paul-John Loewenthal rejected criticism that the EU executive had not taken up Apple's offer to visit its operations in Cork, Ireland, saying this was not necessary.Ireland ended the tax rulings when Apple's two Irish units changed their structures in 2015.
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