Sign up to receive 5 free days of our daily summary for tech news.

Subscribe today for $299 ($100 discount) AND get guaranteed entry to our SF Subscriber Summit on 10/17. 
Apple E-commerce Policy

Apple and EU to Face Off Over Tax Bill

The EU General Court will hear arguments in Apple’s $14.4 billion battle with the European Union over two days in September, Bloomberg reports.

On September 17-18, the court will hear from Apple and Ireland, who have argued against the EU’s 2016 order for Ireland to recoup millions in taxes. The EU accused Ireland of “illegal state aid” to help Apple avoid paying taxes.

Tech will certainly be paying attention to the case, where EU antitrust commissioner Margarthe Vestager’s aggressive tech policies will be put to the test. The EU has been criticized for setting tax rules that could hurt global tax reform.

Last year, the U.S. lost a bid to intervene in the case. Apple could face a huge loss if the EU wins the case and it could affect how the company handles global tax policy going forward.

Related

0 Subscriber comments


Sign up for our weekly newsletter and 5 complimentary days of our daily tech news roundup.

Already a subscriber? Log in here