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Apple has €13bn Irish tax bill overturned

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Apple has €13bn Irish tax bill overturned

Apple has been told it will not have to pay Ireland €13bn (£11.6bn) in back taxes after winning an appeal at the European Union's second highest court.

Axar.az reports citing foreign media.

It overturns a 2016 ruling which found the tech giant had been given illegal tax breaks by Dublin.

The EU's General Court said it had annulled that decision because there was not enough evidence to show Apple broke EU competition rules.

It is a blow for the European Commission, which brought the case.

However, it has 14 days to appeal against the decision at the EU's supreme court, the European Court of Justice.

Date
2020.07.16 / 09:52
Author
Axar.az
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