Apple wins case against EU €13bn Irish tax ruling - News Summed Up

Apple wins case against EU €13bn Irish tax ruling


Photo: Frank McGrathThe European Court has ruled in favour of Apple and Ireland in the Apple tax case, saying Apple does not have to pay the €13bn. The European Commission argued Apple and Ireland did a deal that let Apple pay too ­little tax over many years - as low as 0.005pc. The Court found the EU Commission failed to show that the Apple companies at the heart of the case got a selective economic advantage from Ireland through their tax treatment. The correct amount of Irish tax was charged taxation in line with normal Irish taxation rules. “Ireland appealed the Commission Decision on the basis that Ireland granted no state aid and the decision today from the Court supports that view,” the Department said.


Source: Irish Independent July 15, 2020 09:16 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */