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Apple is threatened with billions of dollars in additional payments in the European Union tax dispute

Apple is threatened with billions of dollars in additional payments in the European Union tax dispute

According to the European Commission, Ireland, where Apple’s European headquarters is located, granted the American company an unacceptably low tax rate.

In the tax dispute with the European Union, Apple is threatened with paying an additional 13 billion euros. Prosecutor Giovanni Petruzzella recommended to the European Court of Justice on Thursday that it overturn a ruling in favor of the American group and refer it back to the court of first instance. Although the court is not bound by this recommendation, it often follows it.

According to the European Commission, Ireland, where Apple is headquartered in Europe, gave the company an unacceptably low tax rate. This violates the international community’s government aid guidelines. Ireland then called for €13 billion in taxes. A lower European court upheld Apple’s objection.

In his report, Advocate General of the European Court of Justice Petruzzella criticized various legal errors in this ruling. Among other things, the systematic errors made by the Irish authorities in setting the tax rate, as raised by the Commission, must be re-evaluated. (Abba)

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