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EU court backs Apple in case over $15 billion in back taxes

Filed on July 15, 2020 | Last updated on July 15, 2020 at 11.32 pm

(AFP)

The ruling from the EU's second-highest court on the 2016 decision can only be appealed on points of law.

A European Union high court on Wednesday ruled in favor of technology giant Apple and Ireland in its dispute with the EU over 13 billion euros ($15 billion) in back taxes.

The Luxembourg-based General Court said that the multinational does not need to pay the 13 billion euros that the EU Commission called for. The EU Commission had claimed that Apple had an illegal sweetheart tax deal with Irish authorities.

The ruling from the EU's second-highest court on the 2016 decision can only be appealed on points of law.

The court said that "the Commission did not succeed in showing to the requisite legal standard that there was an advantage."  

Apple welcomes court ruling

Apple said on Wednesday that it was pleased that Europe's second-top court had rejected an EU order to the iPhone maker to pay 13 billion euros in Irish back taxes.

"This case was not about how much tax we pay, but where we are required to pay it. We're proud to be the largest taxpayer in the world as we know the important role tax payments play in society," Apple said.

- AP, Reuters


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