Ruling is a fillip for European Commission efforts to clamp down on ‘sweetheart’ tax deals
Business live – latest updates
Apple has lost a high-profile, €13bn (£11bn) Irish tax battle with Brussels in a decision that will bolster the European Commission’s efforts to clamp down on favourable “sweetheart” tax deals for multinationals.
The European court of justice (ECJ) ruling, which had been eagerly awaited, comes after years of legal wrangling over whether the European Commission was right to demand in 2016 that €13bn in “illegal” tax breaks for Apple should be repaid because it gave the iPhone maker an unfair advantage.
More Stories
Trump nominates Miami-Dade official as Panama ambassador amid canal row
Beaches, beer and a rare suspended lake … why can’t Nigeria attract more tourists?
Elon Musk pens German newspaper opinion piece supporting far-right AfD party