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/ ECJ deals a blow to Apple over $14 billion tax lawsuit
ECJ deals a blow to Apple over $14 billion tax lawsuit
Apple might have to pay $14 billion in taxes to Ireland after a court order in 2020 was found to have legal errors. The European Court of Justice (ECJ) said the EU General Court committed a series of errors in law and must revise its decision. Three years ago, Apple was found not guilty of exploiting a legal loophole that allowed the company to save $14 billion in taxes that were owed in Ireland between 2003 and 2014. Back in 2016, Apple was accused by the European Commission of receiving preferential treatment and tax cuts in Ireland. The company was charged 1% corporate tax...
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