Apple Loses Court Battle in EU, Ordered to Pay Over $14 Billion in Back Taxes to Ireland - Ravishmo

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Wednesday 11 September 2024

Apple Loses Court Battle in EU, Ordered to Pay Over $14 Billion in Back Taxes to Ireland

The European Court of Justice has now sided with Vestager, agreeing Apple had unduly benefited from unfair loopholes in Ireland's tax regime, and that the company must now hand Ireland EUR 13 billion roughly Rs. 1,20,903 crore) in back payments.

from Gadgets 360 https://ift.tt/0AngRVT

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