It’s not over until it’s over for Apple and its ongoing tax headache in Europe. Today the European Commission announced that it plans to appeal the July 2020 ruling that overturned the original $15 billion fine that it leveled against Apple and Ireland over State Aid and taxes, as it believes the General Court “made a number of errors of law” when it decided to overturn the original August 2016 ruling. It is, in other words, appealing the appeal. In a statement, Margrethe Vestager, the competition commissioner, noted that the Commission is making the move because it believes that offering tax breaks to one company and not its rivals “harms fair competition in the European Union in breach of State aid rules.” The case, if it proceeds, will be heard in the European Court Of Justice, Europe’s equivalent of the Supreme Court.

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BING NEWS:
  • European Commission to appeal decision that reversed Apple's $15B State Aid tax bill in Ireland
    Today the European Commission announced that it plans to appeal ... Commission's decision of August 2016 finding that Ireland granted illegal State aid to Apple through selective tax breaks.
    09/25/2020 - 12:09 am | View Link
  • European Commission to appeal decision that reversed Apple’s $15B State Aid tax bill in Ireland
    Today the European Commission announced that it plans to appeal ... s decision of August 2016 finding that Ireland granted illegal State aid to Apple through selective tax breaks.
    09/25/2020 - 12:01 am | View Link
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