Major Legal Blow for Apple: ECJ Rules on €13bn Tax Dispute; Google Also Fined | Times Now World

Описание: Apple has suffered a major legal blow as it lost a high-profile €13bn tax case against the European Commission. The European Court of Justice (ECJ) ruled that Ireland's treatment of Apple constituted unlawful state aid, paving the way for stricter tax regulations for multinationals. This decision marks a significant win for EU Competition Chief Margrethe Vestager, who has been leading the charge against favourable tax deals for global corporations.

The case, which began in 2016, centered on Apple's alleged underpayment of taxes between 2003 and 2014, benefiting from Irish tax rulings that saw the company paying as little as 0.005% in taxes in 2014. Apple denied receiving special treatment from Ireland, but the ECJ's ruling requires Ireland to recover the funds. This decision, along with a separate ruling against Google upholding a €2.4bn antitrust fine, marks a significant victory for the European Commission in its efforts to regulate tech giants and prevent monopolistic practices in the EU.

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