Apple wins $15 billion court battle with EU over Irish tax

After a long string of fines and legal setbacks in the EU, Apple can now chalk up one big win next to its name.

On Wednesday, the EU Court of Justice ruled in favor of Apple, annulling the European Commission's decision that forced the company to pay back €13 billion ($14.9 billion) in back taxes to Ireland.

The Court decided that the European Commission "did not succeed in showing to the requisite legal standard" that Apple had a tax advantage in Ireland.

#EUGeneralCourt annuls the decision taken by the @EU_Commission regarding the Irish #TaxRulings in favour of @Apple #Apple #EUCommission #StateAid pic.twitter.com/KoF6r1n82S

— EU Court of Justice (@EUCourtPress) July 15, 2020 Read more...