Ireland and Apple have both won their appeal against the European Commission’s €13.1bn claimed tax ruling.
The General Court of the European Union (GCEU) has declare invalid the decision taken by the Commission, regarding the previous Irish tax rulings, in favour of Apple and Ireland.
According to the European Union’s Court, the Commission was incorrect in declaring that Apple Sales International and Apple Operations Europe had been granted a selective economic advantage.
The court stated in its judgement that the Commission had failed to show that Apple enjoyed preferential treatment amounting to illegal Irish State aid.
The Department of Finance has welcomed the judgment.
One wonders if the apple with the bite taken out, which constitutes the logo on the back of your iPhone or MacBook Pro, has a Tipperary connection although Apple, the American multinational technology company, headquartered in Cupertino, California, apparently dismisses any association. READ HERE
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