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Your email address will not be published.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

UK’s Labour suspends Graham Jones over anti-Israel comments

Keir Starmer was keen to distance himself from suspended Rochdale by-election candidate…

US condemns Iranian strikes on Pakistan, Iraq and Syria

The US condemned recent Iranian strikes in Pakistan, Iraq and Syria, which…

“Putin will target other ex-Soviet states: Zelenskyy

Ukrainian President Volodymyr Zelenskiy told the world leaders meeting in Germany that…

Gaza death toll rises to 42,344: Health Ministry

Israel’s war on Gaza has killed 42,344 Palestinians and injured 99,013 others…