Apple and Ireland win appeal against the European Commission’s $15 billion tax ruling
https://techcrunch.com/2020/07/15/apple-and-ireland-win-appeal-against-the-european-commissions-15-billion-tax-ruling/
The General Court of the European Court of Justice has annulled an EU decision that involved Apple’s subsidiaries in Ireland. Four years ago, the European Commission said that Ireland had failed to collect €13 billion in taxes from Apple — roughly $15 billion.
According to the press statement, “the Commission did not succeed in showing to the requisite legal standard that there was an advantage for the purposes of Article 107(1) TFEU [Treaty of the Functioning of the European Union].”