Apple wins fight against $15 billion EU tax order

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Europe's second-highest court on Wednesday rejected an EU order for Apple to pay 13 billion euros ($15 billion) in Irish back taxes, dealing a blow to the bloc's attempts to crack down on sweetheart tax deals.

Vestager, who has made the tax crackdown a centrepiece of her time in office, saw the same court last year overturn her demand for Starbucks to pay up to 30 million euros in Dutch back taxes. In another case, the court also threw out her ruling against a Belgian tax scheme for 39 multinationals.

While 14 billion euros - including interest - would have gone a long way to plugging the coronavirus-shaped hole in Ireland’s finances, Dublin appealed against the Commission’s order alongside Apple because it wanted to protect a low tax regime that has attracted 250,000 multinational employees.

 

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💛🖤💛🖤💛🖤 🗽

So courts can be bought in Europe too? Same as Pakistan.

It is not over yet!

With the Brexit transition period ending on 31st Dec 2020, Ireland will soon be exposed to a more competitive UK & NI. If the EU tries to force Ireland to raise its corporate taxes, then many international businesses, may decide to relocate to the UK, or even Northern Ireland.

unbelievable, sale ban until they pay taxes. every medium-sized company has to pay taxes but this fckrs don't?! free market my ass

They should be banned

And how much did it cost the E.U 🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣

PEOPLE OF THE WORLD HAVE LOST...

Greed, tax shifting and tax fraud by powerful multinationals always wins. Tax, like justice, is meant to control the poor.

eu people BoycottApple

Disappointing

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