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Apple Must Pay $14 Billion-Plus in Back Taxes to Ireland, EU Court Rules
Apple lost its fight to reverse a decision by European Union courts that it owes €13 billion ($14.3 billion) in back taxes to Ireland.
The EU’s top court, the European Court of Justice, confirmed the European Commission’s 2016 decision finding that Ireland had granted Apple €13 billion in illegal tax benefits concerning the tax allocation of profits of the Irish branches of two of the tech giant’s subsidiaries. Also Tuesday, the European Court of Justice upheld a €2.4 billion ($2.6 billion) antitrust fine against Google, originally levied in 2017 by the European Commission on Google “for having abused its dominant position in several national online search markets by favouring its own comparison shopping service over those of its competitors.” EU antitrust chief Margrethe Vestager said in a statement Tuesday, “Today is a huge win for European citizens and tax justice.
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