Thursday August 6, 2020

Apple and Ireland win appeal over state aid

Major victory for Irish government as European court annuls finding that the company received selective advantage

Ian Guider

Markets Editor

@ianguider
15th July, 2020
In a ruling today, the General Court of the European Union annulled the Competition Commission’s findings which ordered the state to collect some €13 billion in back taxes from Apple.

The European courts have overturned a finding that Apple benefited from illegal state aid, representing a significant victory for the government.

In a ruling today, the General Court of the European Union annulled the Competition Commission’s findings which ordered the state to collect some €13 billion in back taxes from Apple.

In the ruling, the court said the commission was wrong to state that two Apple entities, Apple Sales International (ASI) and Apple...

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