The European Court of Justice rules against Apple over a record €13B Irish tax bill, confirming a 2016 decision; filing: Apple will incur a ~$10B charge in Q4
Europe's top court on Tuesday ruled against Apple in the tech giant's 10-year court battle over its tax affairs in Ireland.
CNBC Arjun Kharpal
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- EU court orders Apple to pay Ireland €13 billion in back taxes Le Monde.fr
- Apple told to pay back €13bn in tax by EU — https://www.bbc.com/... “The EU Commission accused Ireland of giving Apple illegal tax advantages eight years ago but the Irish government has consistently argued against the need for the tax to be paid back.” — Insane! … @Miro_Collas@masto.ai · Miro Collas
- The EU is not letting Big Tech dodge its fines. — Apple and Google both must pay penalties going back almost a decade ago. … Emil Protalinski
- Quite a landmark rendered by the Grand Chamber of the CJEU in its long awaited judgment in the Apple State Aid (Irish tax rulings) case. … Thomas Mygind
- Excellent news from the Court of Justice, II (Apple Tax Rulings). It sets aside the General Court's judgment (which annulled the Commission's decision) … Massimo Motta
- Tech Apple loses EU court battle over 13B euro tax bill in Ireland Hacker News
Discussion
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@techviews.bsky.social
@techviews.bsky.social
on bluesky
EU's top court ruled against #Apple in the tech giant's 10-year battle over its tax affairs in #Ireland. In 2016 the EC ordered Ireland to recover 13 billion in back taxes from Apple. The Commission said Apple had received illegal tax benefits over the course of two decades. —…
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@radiobeartime.com
Mark O'Neill
on bluesky
We could buy the RAF and lease it back to Britain. [embedded post]
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@vestager
Margrethe Vestager
on x
Today is a huge win for European citizens and tax justice. 👉In its final judgment, @EUCourtPress confirms @EU_Commission 2016 decision: Ireland granted illegal aid to @Apple. Ireland now has to release up to 13 billion euros of unpaid taxes.
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@jason_kint
Jason Kint
on x
For those capturing Apple has to pay the 13 billion and Google just started its third antitrust trial and think Meta is chilling on beach, summary judgment redactions are flying in DC courts where FTC vs Meta (US seeks to break them up) and they have SCOTUS 11/6 on other case).
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@rsgnl
Joe Rossignol
on x
I won't pretend to understand all of the facts in this case, but Apple clearly had a favorable tax arrangement in Ireland, and I'm not opposed to a multinational corporation that made $383 BILLION in revenue last year paying more taxes.
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@mgsiegler
M.G. Siegler
on x
Irish Eyes Decidedly Not Smiling in Cupertino...
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@carnage4life
Dare Obasanjo
on x
A big day for EU fines on big tech. Google loses its appeal on a fine of €2.4B from a 2017 ruling for favoring its shopping services in search while Apple lost its appeal on a €13B tax bill from a 2016 ruling for not paying taxes in Ireland. The wheels of justice grind slowly. [i…
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@cooper_m
Matt Cooper
on x
Best of both worlds outcome for government on Apple ruling. Can tell Apple and multinationals it fought for them but now, shrug of shoulders, what it can do but follow EU orders and take and spend the money.
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@gavreilly
Gavan Reilly
on x
🚨 NEW: The EU's highest court upholds the European Commission's appeal over Ireland's tax relationship with Apple - Ireland will now be required to accept €13bn in tax arrears which has been managed in an escrow account since 2016 @VirginMediaNews
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@eucourtpress
@eucourtpress
on x
#ECJ confirms @EU_Commission illegal aid decision on #taxruling issued by #Ireland in favour of @Apple - #EUGeneralCourt judgment annulled - #Ireland must now recover an estimated €13 billion 👉 https://curia.europa.eu/...
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@zsk
Zoe Kleinman
on x
Expensive day to be a tech giant in Europe... ⚡️Apple has to pay €13bn (£11bn) in unpaid tax in Ireland - even though the country has said it doesn't want it - the European Court of Justice has ruled ⚡️Google must pay a €2.4bn (£2bn) fine issued by the European Commission in
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@simonvandorpe
Simon Van Dorpe
on x
📢 Big News: European Commission unexpectedly wins its 14.2 billion euro tax case against Apple and Ireland before EU's highest court‼️ [image]
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@gabriel_zucman
Gabriel Zucman
on x
“All our tax avoidance is perfectly legal” https://www.politico.eu/...
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@nicholashirst_
Nicholas Hirst
on x
The core reasoning of @EU_Competition's case against Apple from 2014. Simple, really. Despite the thousands of pages of legal debate across decisions and judgments that followed. [image]
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r/Economics
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on reddit
European Commission scores stunning court win in €13B Apple tax row. The Apple case was part of a slew of probes aimed at …
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Apple loses EU court battle over 13 billion euro tax bill in Ireland
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r/technology
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Apple loses EU court battle over 13 billion euro tax bill in Ireland
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Apple loses EU court battle over 13 billion euro tax bill in Ireland
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r/neoliberal
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Apple told to pay back €13bn in tax by EU
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Apple Loses EU Top Court Fight Over €13 Billion Irish Tax Bill
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r/ireland
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Apple must pay Ireland €13bn in unpaid taxes, court rules
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European Commission scores stunning court win in €13B Apple tax row
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on reddit
Apple loses EU court battle over 13 billion euro tax bill in Ireland