{"id":11716,"date":"2023-11-09T15:48:24","date_gmt":"2023-11-09T15:48:24","guid":{"rendered":"https:\/\/infundpros.com\/business\/apples-fight-against-a-14-billion-eu-tax-bill-suffers-a-setback\/"},"modified":"2023-11-09T15:48:25","modified_gmt":"2023-11-09T15:48:25","slug":"apples-fight-against-a-14-billion-eu-tax-bill-suffers-a-setback","status":"publish","type":"post","link":"https:\/\/infundpros.com\/?p=11716","title":{"rendered":"Apple\u2019s fight against a $14 billion EU tax bill suffers a setback"},"content":{"rendered":"
\n

\n Luxembourg<\/strong> \u2014<\/strong> A European <\/strong>tribunal made legal errors when it ruled in favor of\u00a0Apple\u00a0over a \u20ac13 billion ($14 billion) tax order and should review the case again, an adviser to Europe\u2019s top court said Thursday, in a potential setback for the iPhone maker.\n <\/p>\n

\n The tax case against\u00a0Apple\u00a0(AAPL) dates back years and was part of a crackdown by the European Union\u2019s antitrust chief Margrethe Vestager on deals between multinationals and EU countries that regulators saw as unfair state aid.\n <\/p>\n

\n In a 2016 decision, the European Commission, the EU\u2019s executive arm, said\u00a0Apple\u00a0had benefited from two Irish tax rulings for more than two decades that artificially reduced its tax burden to as low as 0.005% in 2014.\n <\/p>\n

\n Apple challenged the ruling, and the EU\u2019s General Court upheld\u00a0the challenge in 2020, saying regulators had not met the legal standard to show\u00a0Apple\u00a0had enjoyed an unfair advantage.\n <\/p>\n

\n But Advocate General Giovanni Pitruzzella at the European Court of Justice (ECJ) \u2014 the EU\u2019s highest court \u2014 disagreed, saying judges should set aside the General Court ruling and refer the case back to the lower tribunal.\n <\/p>\n

\n \u201cThe judgment of the General Court on \u2018tax rulings\u2019 adopted by Ireland in relation to\u00a0Apple\u00a0should be set aside,\u201d he said in a non-binding opinion.\n <\/p>\n

\n He said the General Court had <\/strong>committed a series of errors in law.\n <\/p>\n

\n \u201cIt is therefore necessary for the General Court to carry out a new assessment,\u201d Pitruzzella said.\n <\/p>\n

\n The ECJ, which will rule in the coming months, follows around four in five such recommendations.\n <\/p>\n

\n Ireland reiterated that it had not provided any state aid to\u00a0Apple.\n <\/p>\n

\n \u201cIt is important to bear in mind that this opinion does not form part of the Court of Justice of the European Union judgment but is considered by the Court when arriving at its final ruling,\u201d Ireland\u2019s finance minister Michael McGrath said in a statement. \u201cIt has always been, and remains, Ireland\u2019s position that the correct amount of Irish tax was paid and that Ireland provided no state aid to\u00a0Apple.\u201d\n <\/p>\n

\n Although Apple\u00a0and Dublin appealed against the tax order,\u00a0Apple\u00a0nevertheless had to hand over the full amount, which Ireland has been holding in an escrow account.\n <\/p>\n

\n \u201cWe thank the court for its time and ongoing consideration in this case. The General Court\u2019s ruling was very clear that\u00a0Apple\u00a0received no selective advantage and no state aid, and we believe that should be upheld,\u201d an\u00a0Apple\u00a0spokesperson said.\n <\/p>\n

\n Vestager has a mixed record defending her tax cases in court, with judges backing challenges by automaker Stellantis, Amazon and Starbucks.\n <\/p>\n

\n Her biggest legal victory to date came in September when the General Court upheld her decision against a \u20ac700 million ($749 million) Belgian tax scheme for 55 multinationals. Her tax crackdown has forced EU countries to scrap such sweetheart deals.\n <\/p>\n<\/p><\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Luxembourg \u2014 A European tribunal made legal errors when it ruled in favor of\u00a0Apple\u00a0over a \u20ac13 billion ($14 billion) tax order and…<\/p>\n","protected":false},"author":1,"featured_media":11717,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22],"tags":[],"class_list":{"0":"post-11716","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business"},"yoast_head":"\nApple\u2019s fight against a $14 billion EU tax bill suffers a setback | inFundPros<\/title>\n<meta name=\"description\" content=\"Luxembourg \u2014 A European tribunal made legal errors when it ruled in favor of\u00a0Apple\u00a0over a \u20ac13 billion ($14 billion) tax order and should review the case\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/infundpros.com\/?p=11716\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Apple\u2019s fight against a $14 billion EU tax bill suffers a setback | inFundPros\" \/>\n<meta property=\"og:description\" content=\"Luxembourg \u2014 A European tribunal made legal errors when it ruled in favor of\u00a0Apple\u00a0over a \u20ac13 billion ($14 billion) tax order and should review the case\" \/>\n<meta property=\"og:url\" content=\"https:\/\/infundpros.com\/?p=11716\" \/>\n<meta property=\"og:site_name\" content=\"inFundPros\" \/>\n<meta property=\"article:published_time\" content=\"2023-11-09T15:48:24+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-11-09T15:48:25+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/infundpros.com\/wp-content\/uploads\/2023\/11\/gettyimages-1233673974.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"450\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Press Room\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Press Room\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/infundpros.com\/?p=11716#article\",\"isPartOf\":{\"@id\":\"https:\/\/infundpros.com\/?p=11716\"},\"author\":{\"name\":\"Press Room\",\"@id\":\"https:\/\/infundpros.com\/#\/schema\/person\/87f7e632b195ea95c91503d9281f5eff\"},\"headline\":\"Apple\u2019s fight against a $14 billion EU tax bill suffers a setback\",\"datePublished\":\"2023-11-09T15:48:24+00:00\",\"dateModified\":\"2023-11-09T15:48:25+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/infundpros.com\/?p=11716\"},\"wordCount\":483,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/infundpros.com\/#organization\"},\"articleSection\":[\"Business\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/infundpros.com\/?p=11716#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/infundpros.com\/?p=11716\",\"url\":\"https:\/\/infundpros.com\/?p=11716\",\"name\":\"Apple\u2019s fight against a $14 billion EU tax bill suffers a setback | inFundPros\",\"isPartOf\":{\"@id\":\"https:\/\/infundpros.com\/#website\"},\"datePublished\":\"2023-11-09T15:48:24+00:00\",\"dateModified\":\"2023-11-09T15:48:25+00:00\",\"description\":\"Luxembourg \u2014 A European tribunal made legal errors when it ruled in favor of\u00a0Apple\u00a0over a \u20ac13 billion ($14 billion) tax order and should review the case\",\"breadcrumb\":{\"@id\":\"https:\/\/infundpros.com\/?p=11716#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/infundpros.com\/?p=11716\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/infundpros.com\/?p=11716#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/infundpros.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Apple\u2019s fight against a $14 billion EU tax bill suffers a setback\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/infundpros.com\/#website\",\"url\":\"https:\/\/infundpros.com\/\",\"name\":\"Fintech Advance\",\"description\":\"Latest Finance and Tech News and Updates\",\"publisher\":{\"@id\":\"https:\/\/infundpros.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/infundpros.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/infundpros.com\/#organization\",\"name\":\"Fintech Advance\",\"url\":\"https:\/\/infundpros.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/infundpros.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/infundpros.com\/wp-content\/uploads\/2023\/10\/tech-logo.png\",\"contentUrl\":\"https:\/\/infundpros.com\/wp-content\/uploads\/2023\/10\/tech-logo.png\",\"width\":409,\"height\":70,\"caption\":\"Fintech Advance\"},\"image\":{\"@id\":\"https:\/\/infundpros.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/infundpros.com\/#\/schema\/person\/87f7e632b195ea95c91503d9281f5eff\",\"name\":\"Press Room\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/infundpros.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/infundpros.com\/wp-content\/uploads\/2023\/10\/avatar_user_1_1697230663-96x96.png\",\"contentUrl\":\"https:\/\/infundpros.com\/wp-content\/uploads\/2023\/10\/avatar_user_1_1697230663-96x96.png\",\"caption\":\"Press Room\"},\"sameAs\":[\"https:\/\/infundpros.com\"],\"url\":\"https:\/\/infundpros.com\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Apple\u2019s fight against a $14 billion EU tax bill suffers a setback | inFundPros","description":"Luxembourg \u2014 A European tribunal made legal errors when it ruled in favor of\u00a0Apple\u00a0over a \u20ac13 billion ($14 billion) tax order and should review the case","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/infundpros.com\/?p=11716","og_locale":"en_US","og_type":"article","og_title":"Apple\u2019s fight against a $14 billion EU tax bill suffers a setback | inFundPros","og_description":"Luxembourg \u2014 A European tribunal made legal errors when it ruled in favor of\u00a0Apple\u00a0over a \u20ac13 billion ($14 billion) tax order and should review the case","og_url":"https:\/\/infundpros.com\/?p=11716","og_site_name":"inFundPros","article_published_time":"2023-11-09T15:48:24+00:00","article_modified_time":"2023-11-09T15:48:25+00:00","og_image":[{"width":800,"height":450,"url":"https:\/\/infundpros.com\/wp-content\/uploads\/2023\/11\/gettyimages-1233673974.jpg","type":"image\/jpeg"}],"author":"Press Room","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Press Room","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/infundpros.com\/?p=11716#article","isPartOf":{"@id":"https:\/\/infundpros.com\/?p=11716"},"author":{"name":"Press Room","@id":"https:\/\/infundpros.com\/#\/schema\/person\/87f7e632b195ea95c91503d9281f5eff"},"headline":"Apple\u2019s fight against a $14 billion EU tax bill suffers a setback","datePublished":"2023-11-09T15:48:24+00:00","dateModified":"2023-11-09T15:48:25+00:00","mainEntityOfPage":{"@id":"https:\/\/infundpros.com\/?p=11716"},"wordCount":483,"commentCount":0,"publisher":{"@id":"https:\/\/infundpros.com\/#organization"},"articleSection":["Business"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/infundpros.com\/?p=11716#respond"]}]},{"@type":"WebPage","@id":"https:\/\/infundpros.com\/?p=11716","url":"https:\/\/infundpros.com\/?p=11716","name":"Apple\u2019s fight against a $14 billion EU tax bill suffers a setback | inFundPros","isPartOf":{"@id":"https:\/\/infundpros.com\/#website"},"datePublished":"2023-11-09T15:48:24+00:00","dateModified":"2023-11-09T15:48:25+00:00","description":"Luxembourg \u2014 A European tribunal made legal errors when it ruled in favor of\u00a0Apple\u00a0over a \u20ac13 billion ($14 billion) tax order and should review the case","breadcrumb":{"@id":"https:\/\/infundpros.com\/?p=11716#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/infundpros.com\/?p=11716"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/infundpros.com\/?p=11716#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/infundpros.com\/"},{"@type":"ListItem","position":2,"name":"Apple\u2019s fight against a $14 billion EU tax bill suffers a setback"}]},{"@type":"WebSite","@id":"https:\/\/infundpros.com\/#website","url":"https:\/\/infundpros.com\/","name":"Fintech Advance","description":"Latest Finance and Tech News and Updates","publisher":{"@id":"https:\/\/infundpros.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/infundpros.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/infundpros.com\/#organization","name":"Fintech Advance","url":"https:\/\/infundpros.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/infundpros.com\/#\/schema\/logo\/image\/","url":"https:\/\/infundpros.com\/wp-content\/uploads\/2023\/10\/tech-logo.png","contentUrl":"https:\/\/infundpros.com\/wp-content\/uploads\/2023\/10\/tech-logo.png","width":409,"height":70,"caption":"Fintech Advance"},"image":{"@id":"https:\/\/infundpros.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/infundpros.com\/#\/schema\/person\/87f7e632b195ea95c91503d9281f5eff","name":"Press Room","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/infundpros.com\/#\/schema\/person\/image\/","url":"https:\/\/infundpros.com\/wp-content\/uploads\/2023\/10\/avatar_user_1_1697230663-96x96.png","contentUrl":"https:\/\/infundpros.com\/wp-content\/uploads\/2023\/10\/avatar_user_1_1697230663-96x96.png","caption":"Press Room"},"sameAs":["https:\/\/infundpros.com"],"url":"https:\/\/infundpros.com\/?author=1"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/infundpros.com\/index.php?rest_route=\/wp\/v2\/posts\/11716","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infundpros.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infundpros.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infundpros.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/infundpros.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=11716"}],"version-history":[{"count":1,"href":"https:\/\/infundpros.com\/index.php?rest_route=\/wp\/v2\/posts\/11716\/revisions"}],"predecessor-version":[{"id":11718,"href":"https:\/\/infundpros.com\/index.php?rest_route=\/wp\/v2\/posts\/11716\/revisions\/11718"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/infundpros.com\/index.php?rest_route=\/wp\/v2\/media\/11717"}],"wp:attachment":[{"href":"https:\/\/infundpros.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11716"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infundpros.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11716"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infundpros.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11716"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}