“Today is a big win for European citizens and for tax justice,” said European antitrust Commissioner Margrethe Vestager, whose 8-year fight to impose the measure on the global tech behemoth brought her to tears when she finally heard she had won.
The ruling “confirms the European Commission’s 2016 decision: Ireland granted Apple unlawful aid which Ireland is required to recover,” the European Court of Justice said in a press release summarizing its decision.
The case drew outrage from Apple when it was opened in 2016, with CEO Tim Cook calling it “total political crap.” Then-U.S. President Donald Trump slammed Vestager, who spearheaded the campaign to root out special tax deals and crack down on big U.S. tech companies, as the “tax lady” who “really hates the U.S.”
Vestager had accused Apple of striking an illegal tax deal with Irish authorities so that it could pay extremely low rates. The European Union’s General Court disagreed with that in its 2020 ruling, which has now been overturned.
This story is from the September 13, 2024 edition of AppleMagazine.
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This story is from the September 13, 2024 edition of AppleMagazine.
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