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Your email address will not be published.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

Houthis to mount Red Sea attacks every 12 hours

Yemen’s Iran-aligned Houthis said that they would press on with attacks in…

UN experts call on all states to recognize Palestine

A group of experts appointed by the UN called on all countries…

Tehran seeks guarantees Israel will stop war ‘forever’: Iran’s President

Iranian President Masoud Pezeshkian on Friday said Tehran was seeking guarantees that…

Ukraine says it has sunk a Russian ship

Ukraine sea drones hit and sank a Russian Black Sea Fleet patrol…