The European Union’s highest court has ruled that Apple must pay $14.3 billion in back taxes to Ireland, bringing a decade-long legal dispute to a close. The Court of Justice of the EU upheld a 2016 decision by the European Commission, which found that Ireland had granted Apple unlawful state aid by providing tax advantages from 1991 to 2014. As a result, Ireland was ordered to recover the sum from the tech giant.

 

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Over 30 North Korean soldiers dead or wounded in Russia’s Kursk: Ukraine

Ukraine has claimed that its forces inflicted over 30 North Korean casualties…

Russia begins ‘counter-terror’ operation after Ukraine advances into Kursk

Moscow has mounted a “counter-terror operation” in three border regions adjoining Ukraine…

Japan firm says no longer makes radio reportedly used in Lebanon blasts

Japanese firm Icom has said on Thursday that it had stopped producing…