Apple Must Pay $14.3 Billion In Back Taxes, Top EU Court Rules
Business,Technology,Apple,European Union,Taxes
From the Center
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The European Court of Justice ordered Apple to pay $14.3 billion (€13 billion) in back taxes on Tuesday, siding with the European Commission’s stance that tax breaks offered to the iPhone maker by Ireland—where Apple’s EU business is headquartered—as illegal.
The ECJ said its ruling was the “final judgment in the matter” and described Ireland’s tax breaks to Apple as “unlawful aid” that the country is “required to recover.”
Tuesday’s ruling reverses a lower court decision from 2020, which had ruled in favor of the Irish government.
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