Business

European Union appeals in $15 billion tax battle with Apple

25 days ago   |   By New York Post

The European Union is taking its fight to get $15 billion in back taxes from Apple to the continent's highest court, officials said Friday. The European Commission said it will appeal a July ruling from the EU's General Court that found insufficient evidence that Apple got unfair tax breaks from the Irish government. The commission...
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EU to appeal Apple's $15 billion tax bill ruling

EU to appeal Apple's $15 billion tax bill ruling

25 days ago   |   By iMore

A court in July ruled that Apple did not in fact owe Ireland the money.
What you need to know
A court ruled in July that Apple did not in fact owe Ireland $15 billion in taxes.
The EU is now set to appeal this case.
The Commission will argue that a previous court set the bar "unreasonably high" with regard to state aid cases.
The European Commission is set to lodge an appeal against a court ruling which quashed a demand that Apple pay Ireland nearly $15 billion in taxes, over claims that Apple had an unfair tax arrangement in company tantamount to state aid.
According to the Financial...
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