Top EU court's ruling on Apple tax case could have wider effect on multinationals

The EU’s top court will soon decide if Apple should repay 13 billion in illegal tax breaks, potentially ending a lengthy and contentious saga.

In 2016, the EU competition chief determined that Apple benefited from Ireland’s unfair tax breaks, resulting in a staggering effective tax rate of 0.005%.

The annulment of the EU's 13bn tax order in 2020 was a significant setback for Vestager, who gained a reputation by challenging major firms on tax practices.

Vestager expressed that despite court setbacks, aggressive tax planning remains, and she is committed to addressing selective tax subsidies that distort the EU market.

Read at www.theguardian.com