Illustration by Alex Castro / The Verge
The European Commission is appealing a July court judgment in the ongoing saga of Apple’s taxes in Ireland. Buckle in, this one gets a bit complicated. And it’s likely to drag on for some time.
In July, the General Court of the EU annulled a 2016 ruling by the European Commission. In that ruling, the commission had determined that Ireland gave Apple a “sweetheart deal” that let the iPhone maker pay significantly lower taxes than other businesses. “Member States cannot give tax benefits to selected companies — this is illegal under EU state aid rules,” EU antitrust chief Margrethe Vestager said in 2016.
The commission ordered Apple to pay €13 billion ($14.9 billion) in back taxes to the Irish government. Ireland and Apple both disputed…
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Author: Kim Lyons