Apple wins major tax battle with the European Union as the bloc's second-highest court rules the company doesn't have to pay $14.8 billion to Ireland
Apple Inc. won a major battle with the European Union, when the bloc’s second-highest court on Wednesday sided with the U.S. company over a €13 billion tax bill that EU antitrust officials had said the company owed to Ireland.
The case stems from a 2016 decision by the European Commission, the bloc’s top antitrust enforcer, which said that Ireland must be paid €13 billion in tax breaks from between 2003 and 2014, money the commission said constituted an illegal subsidy under the bloc’s strict state-aid rules....
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