EU appeals against Apple ruling in $15 billion tax battle


European Commission executive vice president Margrethe Vestager talks to media in Brussels, Belgium.

Thierry Monasse | Getty Images News | Getty Images

The battle between the EU and Apple on taxation is not over yet.

On Friday, the European Commission, which is the executive arm of the EU, said it would appeal a court ruling involving Apple and the Republic of Ireland. 

The EU’s general court ruled in July that the Commission had failed to prove that the Irish government had given a tax advantage to the tech giant.

The Commission’s team, led by the EU’s competition chief Margrethe Vestager, argued in 2016 that Apple had to repay 13 billion euros ($15.17 billion) in unpaid taxes to Ireland, after the latter granted “undue tax benefits” to the firm. 

However, both the Irish government and the tech giant contested the allegation. 

The European Commission will now take the case to the highest court in Europe.

“The Commission has decided to appeal before the European Court of Justice the General Court’s judgment of July 2020 on the Apple State aid case in Ireland,” Vestager said in a statement Friday.

Vestager said that the General Court raised “important legal issues” in its ruling, but “the Commission also respectfully considers that in its judgment the General Court has made a number of errors of law.

She highlighted that the same court had previously stated that member states need to respect EU treaties, despite being able to set up their own taxation laws.

“We have to continue to use all tools at our disposal to ensure companies pay their fair share of tax,” Vestager said.

July’s ruling challenged the way the Commission uses state aid policy to fight non-competitive deals. It asked the Commission to put forward more evidence in these situations — making it a potentially lengthy and complicated task.



Source link

Discover

Sponsor

Latest

2021 Subaru Crosstrek Review | Price, specs, features and photos

Few vehicles define a segment quite as clearly as the 2021 Subaru Crosstrek. Before it came along nine years and one generation ago,...

The Lucid Air electric car will start at $77,400 with 406-mile range

Lucid is going after the Tesla Model S with its base-model Air sedan, which will pack 406 miles of range on a single...

Lawyers who pressed Microsoft on antitrust claims say the Google case differs

Pedestrians wearing protective masks walk past a Microsoft Technology Center in New York, on Wednesday, July 22, 2020.Jeenah Moon | Bloomberg via Getty...

Volkswagen, Jeep, and Cadillac are 2020’s most-tattooed car brands

Most car enthusiasts own at least one piece of gear with their favorite brand's logo on it. It can be a T-shirt, a...

Toyota and Nissan will seek tax compensation if Brexit talks fail

TOKYO — Japanese automakers Toyota and Nissan would seek reimbursement from Britain if the government fails to agree an EU trade deal, the...