EU Court Reverses Apple's €13B Tax Assessment

Law360 (July 15, 2020, 5:27 AM EDT) -- The European Union's General Court on Wednesday overturned the European Commission's landmark 2016 finding that tax breaks Ireland granted to U.S. tech giant Apple gave it a competitive advantage, nullifying the order that Apple repay Ireland €13 billion ($14.8 billion). 

Apple Inc.'s Fifth Avenue store in New York. The company's victory in the European Union's General Court represents a blow to the European Commission's use of state aid rules to change corporate tax practices. (AP) The ruling is a major blow to the European Commission's use of state aid rules to change corporate tax practices in the bloc and is a victory for the California-based...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Beta
Ask a question!