Apple spars with EU as $14 bln Irish tax dispute drags on

  • The case centers on tax rulings granted by Ireland to two Apple businesses in the country, Apple Sales International and Apple Operations Europe.
  • The stakes are high for European Competition Commissioner Margrethe Vestager, who has spearheaded the European Union’s drive against tax avoidance by multinationals, issued similar tax recovery orders to Amazon and Starbucks among others, and has other companies in her sight.
  • Vestager will get a sense of how the General Court views her crackdown on Sept. 24 when it rules on her tax recovery orders to Starbucks and Fiat Chrysler Automobiles NV.
  • Ireland v Commission and T-892/16 Apple Sales International and Apple Operations Europe v Commission.

Read full article: business.financialpost.com