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Economics MicroWave • 1mo ago • 94%

Apple must pay 13 billion euros in back taxes, EU's top court rules

www.cnbc.com

  • Europe’s top court on Tuesday ruled against Apple in the tech giant’s 10-year court battle over its tax affairs in Ireland.
  • The case stems back to 2016 when the European Commission ordered Ireland to recover up to 13 billion euros ($14.4 billion) in back taxes from Apple.
  • The Commission said at the time Apple had received “illegal” tax benefits from Ireland over the course of two decades.

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