The European Commission previously lost a lawsuit against another large company – Starbucks
American Corporation Apple Inc. The first phase of the tax battle with the European Union won: the company achieved in court to rescind the European Union’s decision on a surcharge of 13 billion euros in Ireland’s budget.
The European court on Wednesday overturned the European Commission’s decision in August 2016 to recover 13 billion euros of tax benefits from Apple in favor of Ireland for the period from 2003 to 2014.
According to the court’s decision, the Election Commission was unable to prove that the company was given “pecuniary benefits”. In the future, it will complicate the collection of taxes by Google, Facebook and Amazon.com, which earn worldwide, but pay taxes in the United States or preferential courts.
It is noted that “due to simple tax schemes”, EU countries lose more than 250 billion euros per year.
EU commissioner Margret Westager, who represented the case, said she would “study the solution and consider further steps,” the report BBC.
Last year, Westgar lost a lawsuit against the Starbucks coffee shop chain, which was accused of not paying € 30 million in taxes to the Netherlands. In the near future, the court should decide on tax litigation in relation to IKEA and Nike.
Paypal magazine help
Earlier, we wrote that Ireland’s Finance Minister, Pascal Donoghue, announced collections from Apple in the form of unpaid taxes of EUR 13.1 billion and interest of EUR 1.2 billion.
In August 2016, the European Commission demanded that Apple reimburse the Irish government for illegal tax subsidies. Apple appealed the decision to the court, and its head, Tim Cook, called it political and dishonest. The collection deadline set by the European Commission expired on January 3, 2017. The Irish government and Apple have agreed that the company will transfer funds to a special escrow account for the period before considering Apple’s appeal against the European Commission decision. Officials claimed that Ireland granted Apple an illegal tax break between 2003 and 2014, causing a significant reduction in the company’s tax payments.
In June 2020, the European Commission opened an antitrust investigation against Apple due to possible violations of EU rules in the operation of Apple Pay and the App Store.
Smartphone Wallet: Top 5 Myths About Paying with a Mobile Account
Cashless Benefit: PrivatBank will provide free business acquired acquisition
According to the material interfax.com.ua
Support pespace magazine