EU's Vestager Appeals Court Veto of $15 Billion Apple Tax Order

EU antitrust chief Margrethe Vestager on Friday appealed a court ruling dismissing her order to iPhone maker Apple to pay 13 billion euros ($15 billion) in Irish back taxes, a landmark case in the European Commission’s crackdown against sweetheart tax deals. From a report: The Luxembourg-based General Court in July scrapped the Commission’s 2016 ruling, saying that EU competition enforcers had not met the requisite legal standard to show that Apple had enjoyed an unfair advantage. Vestager said the case was important, a sign that her drive to get multinationals pay their fair share of taxes would continue unabated. “The General Court judgment raises important legal issues that are of relevance to the Commission in its application of State aid rules to tax planning cases,” she said in a statement.

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Source: Slashdot – EU’s Vestager Appeals Court Veto of Billion Apple Tax Order