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Apple Became the Winner of the EU Commission's Tax Case

US-based technology giant Apple is the subject of our news, especially with more lawsuits these days. Because the company recently…

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Apple Became the Winner of the EU Commission's Tax Case
ZEYNART JOURNAL GENERAL
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US-based technology giant Apple is the subject of our news, especially with more lawsuits these days. Because the company recently…

US-based technology giant Apple, especially nowadays lawsuits It is the subject of our news. Because the company was recently included in an investigation by the European Union. In addition, the issue of deliberate slowing down of iPhones has been concluded. Now, another Apple lawsuit has reached its conclusion. This result made Apple very upset. will delight of the kind.

Years ago, the European Commission ruled that Apple's companies in Ireland you evaded taxes he claimed. Allegedly, the company significantly reduced its tax burden thanks to Ireland's taxation law. In fact, when we came to 2014, at the end of this process that continued for a long period of 20 years, Apple 0.005 percentIt was said that it was reduced to . This complex series of events finally ended in Apple's favor.

The allegations in question have been investigated for years and the European Union Commission has initiated the investigation. in 2016 completed. The first hearing of this case was held last year. The court concluded that Apple did not pay enough taxes. As such, the company was sentenced to pay 14.5 billion dollars to Ireland. Moreover, this amount, together with interest, to 15.3 billion dollars had risen. Apple complied with the court order and made this payment to Ireland.

After making this payment, Apple objected to the decision and filed the lawsuit. to appeal took it away. In fact, not only Apple but also the Irish management were not happy with this decision. Ireland was already a favorite of giant companies with its low tax system, and such a situation could cause serious damage to Ireland, especially in terms of economy. Now the top court has given its final decision on the appeal case.

Apple was the laughing party in the appeal

The General Court ruled that Apple could not make such a payment. that there is no need decided. The court panel stated that the European Union Commission failed to prove the violation in question. This decision will cut Apple's payment to Ireland, most likely with interest. will take it back it reveals. However, it is currently unclear when the payment will be made.

From Apple regarding the issue: explanation came. In the statements made by the technology giant, it was stated that the decision in question was welcomed. Stating that the case is about where to pay taxes, not how much, Apple officials said that they are not the biggest taxpayer in the world. that they are proud of They explained.

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