“The European Commission may very likely appeal the judgment of the General Court in the Apple case, if only to save face," said Howard Liebman, a tax attorney with Jones Day in Brussels. “It will be a very rough row to hoe, given the very detailed and fact-oriented decision“ from the EU’s second-highest tribunal. The commission, the EU’s executive arm, has already had to re-investigate some 40 probes following court decisions that picked apart its findings. At a Friday press conference in Brussels, Vestager refused to be drawn on her next moves in the Apple tax case. But the greater victory for the EU crackdown on corporate tax evasion has been outside the courtroom.

Source: Mint September 20, 2020 07:30 UTC