Apple loses 13 billion tax battle in landmark EU court ruling
Briefly

Apple's significant tax dispute with the EU reached a turning point as the European Court of Justice decided that Ireland's tax arrangements amounted to "unlawful state aid," demanding a recovery of €13 billion.
The landmark case initiated by Margrethe Vestager highlights the EU's serious stance against unfair tax practices, indicating a shift towards stricter regulation of multinational corporations' tax strategies.
While Ireland refers to the ruling as "historical relevance," the European Commission sees it as a crucial step in promoting tax justice and preventing harmful tax competition among member states.
The ruling is part of the EU's broader strategy to tackle tax avoidance by multinational corporations, sending a clear signal that preferential tax treatments will face scrutiny and challenge.
Read at Business Matters
[
]
[
|
]