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Apple Wins $14.4B Tax Case Against European Commission

allapplenews-author-authur-yan
Arthur Yan
31K Views

| 3 months ago

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AppleInsider

Apple and Ireland just won a $14.4B lawsuit against the European Commission.

Back in 2016, the European Commission argued that Ireland gave Apple illegal tax advantages. The original ruling forced Apple to pay $14.4B in back taxes.

However, the European General Court ruled on Wednesday that the European Commission did not provide sufficient evidence for their claim. There was insufficient proof that Ireland helped Apple minimize its taxes through illegal methods.

However, it is expected that the European Commission will appeal this case with the highest court in the European Union: the Court of Justice of the European Union.

The Irish government is happy with the result, but Apple has yet to comment on the latest verdict.

Products Covered

allapplenews-product-iPhone 12 and 12 mini
Model
iPhone 12 and 12 mini
Release Date
October 2020

Features

• 5.4" / 6.1" OLED Display & 458 PPI
• iOS 14
• A14 Bionic Chip
• 3D Camera
• Rechargeable Lithium-Ion Battery

Description

The iPhone 12 has been long-anticipated as the next-gen iPhone, and now, it's here. Offering 5G connectivity, the A14 chip, new camera systems, and more, the iPhone 12 upgrades everything. With a refreshing design of the iPhone frame itself, the iPhone 12 sets up the iPhone product line for the future.

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