Apple v/s European Union

Publisher: Shubham Siddhant

On 29 August 2016, after a two-year investigation, the European Commission announced: "Ireland granted illegal tax benefits to Apple". The Commission ordered Apple to pay €13 billion, plus interest, in unpaid Irish taxes from 2004–14 to the Irish state. In November 2016, Apple CEO Tim Cook, announced that Apple would appeal, and in September 2018, Apple lodged €13 billion to an escrow account, pending appeal. In July 2020, the European General Court struck down EU tax decision as illegal, ruling in favor of Apple.

Why the ruling matters? What impact it may have on other companies? Download the report to get your questions answered.

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