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Your email address will not be published.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

ICC introduces new point system for WTC

The International Cricket Council announced that it has introduced a new point…

India’s far-right groups urge ethnic cleansing

It was reported that the leaders from various far-right groups in India…

China reaffirms commitment to cooperation with Russia

Chinese Foreign Minister Qin Gang has assured his Russian and Indian counterparts…

Russia ‘open’ to talks on Ukraine

On Friday, the Kremlin stated that Russian President Vladimir Putin was “open…