Apple won the last round of its tax case against Europe, overturning a $ 14.9 billion bill the Block Commission claimed from the company. The second highest court in the EU ruled that the competition authority “had failed to demonstrate at the required legal level that there was an advantage” (via Bloomberg News). The case had been in the foreground of the EU Executive Vice-President Margrethe VestagerWork on taxes paid by multinational companies, mainly technological.
Apple welcomes decision in EU tax case
In a statement seen by The Mac Observer, Apple said:
We thank the Tribunal for its time and its consideration of the facts. We are pleased that they have canceled the Commission’s case. This case was not about the amount of tax we pay, but where we are required to pay it. We are proud to be the largest taxpayer in the world because we know the important role that tax payments play in society. Apple has paid more than $ 100 billion in corporate income taxes worldwide over the past decade and tens of billions more in other taxes. The changes in the way corporate income tax payments are distributed among different countries require a comprehensive solution, and Apple encourages this work to continue. We are also proud to be a powerful engine of economic growth in Europe. Last year, we spent more than 13 billion euros with 4,500 suppliers of all sizes. Our innovation and investments support more than 1.8 million jobs in the EU.
The Irish government was also part of the appeal and also welcomed the decision. His finance ministry said in a declaration:
Ireland has always been clear that no special treatment is given to the two Apple companies – ASI and AOE. The exact amount of Irish tax has been charged in accordance with normal Irish tax rules.
The decision is subject to appeal and this is likely to happen.
Competition Commissioner Responds to Decision
“We will carefully study the judgment and reflect on the next possible steps,” said Vestager in a statement. declaration. “The Commission fully supports the objective that all businesses should pay their fair share of tax. If the Member States grant certain multinational companies tax advantages which their competitors cannot benefit from, this undermines fair competition in the EU. It also deprives public funds and citizens of funds for essential investments – the need for which is even more acute in times of crisis, ”she added.
[Update: Statement from EU Commissioner Executive Vice President Margrethe Vestager.]