{"id":2095167,"date":"2023-11-09T13:14:02","date_gmt":"2023-11-09T18:14:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/apple-suffers-setback-in-fight-against-eus-14-billion-tax-order\/"},"modified":"2023-11-09T13:17:08","modified_gmt":"2023-11-09T18:17:08","slug":"apple-suffers-setback-in-fight-against-eus-14-billion-tax-order","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/apple-suffers-setback-in-fight-against-eus-14-billion-tax-order\/","title":{"rendered":"Apple faces setback in EU&#8217;s $14 billion tax order battle."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">20<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fapple-suffers-setback-in-fight-against-eus-14-billion-tax-order%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2095167&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p><!DOCTYPE html PUBLIC \"-\/\/W3C\/\/DTD HTML 4.0 Transitional\/\/EN\" \"http:\/\/www.w3.org\/TR\/REC-html40\/loose.dtd\"><br \/>\n<?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><html><body><\/p>\n<div class=\"entry-content\">\n<p><span class=\"text__text__1FZLe text__dark-grey__3Ml43 text__regular__2N1Xr text__small__1kGq2\" data-testid=\"Text\">By <\/span>Foo Yun Chee<span class=\"text__text__1FZLe text__dark-grey__3Ml43 text__regular__2N1Xr text__small__1kGq2\" data-testid=\"Text\"> and <\/span>Bart H. Meijer<\/p>\n<p>November\u200b 9, 2023 \u2013 4:42 PM UTC<\/p>\n<div id=\"div-gpt-ad-1663871513696-art-3\" style=\"min-width: 320px; min-height: 50px; text-align: center;\">  \t<script>  \t\tgoogletag.cmd.push(function() { googletag.display('div-gpt-ad-1663871513696-art-3'); });  \t<\/script>  <\/div>\n<div class=\"ad-slot__ad-label\">Advertisement<\/div>\n<\/p>\n<p>LUXEMBOURG \u2062(Reuters) \u2013 An EU tribunal made legal \u2064errors when it ruled \u2062in\u2062 favour of\u2062 Apple over a 13-billion-euro ($14 \u200cbillion) tax order and should review the case\u2063 again, an\u200c adviser to \u2062Europe\u2019s \u2062top court said on Thursday, in a potential setback\u200c for the iPhone maker.<\/p>\n<p>The tax case against Apple was \u2063part of EU antitrust chief Margrethe Vestager\u2019s crackdown against deals between multinationals\u200b and EU countries that \u200cregulators saw as unfair state aid.<\/p>\n<p>The European Commission in its 2016 decision said Apple benefited from two Irish tax rulings for more than two decades\u200c that artificially\u2062 reduced its tax burden \u2063to as \u2063low as 0.005% in 2014.<\/p>\n<p>The European Union\u2019s \u200cGeneral \u200dCourt in 2020 upheld Apple\u2019s challenge,\u200c saying that regulators\u200c had not met\u200c the legal standard to show Apple\u200b had enjoyed an unfair advantage.<\/p>\n<p>But advocate General Giovanni Pitruzzella at the EU \u2063Court of Justice (CJEU) disagreed,\u2063 saying CJEU judges\u200d should \u200bset aside the General Court\u200b ruling \u2063and refer the case back to the lower tribunal.<\/p>\n<p>\u201cThe judgment of the General Court on \u2018tax rulings\u2019 adopted\u200d by Ireland in relation to Apple \u2064should be set aside,\u201d he said in a non-binding opinion.<\/p>\n<p>He said the General \u2064Court committed a series of errors in law and had \u200dalso failed \u201cto assess correctly the substance and consequences of certain methodological errors that, according to \u2064the Commission decision, vitiated the tax rulings\u201d.<\/p>\n<p>\u201cIt is therefore necessary\u2064 for\u2062 the \u2063General Court to carry out a\u200d new assessment,\u201d Pitruzzella said.<\/p>\n<p>The CJEU, which will rule in \u200cthe coming months, follows around\u200d four in five such recommendations.<\/p>\n<p>Ireland \u200dreiterated that it had not provided any state aid \u2064to \u200cApple.<\/p>\n<p>\u201cIt is important to bear in mind that this opinion does\u2063 not form part of\u2062 the Court of Justice of the\u2062 European Union judgment but is considered by the Court when arriving at its final ruling,\u201d\u200c Michael \u2062McGrath said in a statement.<\/p>\n<p>\u201cIt has\u200d always been, and remains, Ireland\u2019s position that the \u2064correct amount of Irish tax was paid and\u2062 that Ireland provided no state aid to Apple.\u201d<\/p>\n<p>While Apple and Dublin appealed against the tax order, Apple nevertheless\u2062 had to\u200d hand over the full amount, which Ireland has been holding\u2062 in\u200d an escrow account.<\/p>\n<p>The Irish \u2064government has long said that even \u2062if it loses the its appeal and gets \u200bto keep the money, other EU\u2064 member states will make claims that they are owed some of the back taxes.<\/p>\n<p>\u201cWe \u2062thank the court for \u200dits time and ongoing consideration in this case. The General Court\u2019s ruling was very clear that Apple\u2064 received \u2063no selective advantage and no\u200c state\u200b aid, \u200cand we believe that should be upheld,\u201d an Apple spokesperson said.<\/p>\n<p>Vestager \u200bhas had a mixed record defending\u2063 her tax cases\u200c in court, with judges backing challenges by automaker \u2064Stellantis (STLAM.MI), Amazon (AMZN.O) and \u200dStarbucks (SBUX.O).<\/p>\n<p>Her biggest \u200blegal victory to date came in September when the General Court upheld her decision against a 700-million-euro Belgian \u200ctax scheme for 55 multinationals.\u200b Her tax\u2063 crackdown has forced EU countries to scrap \u200bsuch sweetheart deals.<\/p>\n<p>Vestager is\u2064 currently investigating IKEA brand owner Inter IKEA\u2019s Dutch tax arrangement\u200b in \u200ca case dating\u2063 from 2017, Nike\u2019s\u2063 (NKE.N) Dutch tax rulings \u2062and Finnish food and drink packaging company Huhtamaki\u2019s\u200b (HUH1V.HE) \u200dtax rulings granted by Luxembourg.<\/p>\n<p>The\u200d Apple\u2064 case\u2062 is C-465\/20 P Commission v Ireland and Others.<\/p>\n<p>($1=0.9346 euros)<\/p>\n<\/p>\n<div id=\"rc-widget-10bad2\" data-rc-widget data-widget-host=\"habitat\" data-endpoint=\"\/\/trends.revcontent.com\" data-widget-id=\"278641\"><\/div>\n<p class=\"dpsp-share-text\" style=\"margin-bottom:10px\"> \t\t \t\tShare this post!\t<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>with \u2064Rep. Ralph\u2064 Norman<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>with Dr. Pierre Kory<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>with Dustin Olson<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>with Leo Hohmann<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>An adviser to Europe\u2019s top court said an EU tribunal made legal \u200berrors when it ruled in favor of Apple.<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>Zeekr will this <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/hundreds-of-cuban-nationals-travel-to-nicaragua-to-reach-u-s-border\/\" title=\"Hundreds Of Cuban Nationals Travel To Nicaragua To Reach U.S. Border\">week publicly release<\/a> some details of its plans to list shares in New York.<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>Top EU court backs Google, Meta, and TikTok against Austrian\u2062 law \u2063mandating hate\u2063 speech deletion.<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>Amazon to invest millions in Olympus LLM model to rival OpenAI\u2063 and \u200cAlphabet.<\/p>\n<\/p><\/div>\n<p> rnrn  <\/p>\n<h2> How would a ruling in favor of the advocate\u2063 general&#8217;s \u200dopinion reinforce the European Union&#8217;s position as a regulator against unfair tax practices \u200bby multinational companies?<\/h2>\n<p><span>  Not yet commented on the advocate general&#8217;s opinion, but the European\u200d Commission has previously \u2063stated that it would\u2062 consider an appeal if the General\u200c Court&#8217;s\u200b ruling was overturned.<\/p>\n<p>The outcome of this case is significant for both \u200bApple and the \u2063European Union.\u200d If the CJEU upholds the advocate general&#8217;s opinion\u2062 and \u200crefers the case back to the General Court, it could\u2064 potentially \u200dhave far-reaching implications for Apple&#8217;s tax practices in Europe. It could also provide further guidance on the EU&#8217;s \u200dstance on tax rulings and \u200cstate\u200c aid, setting a precedent for <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/apple-suffers-setback-in-fight-against-eus-14-billion-tax-order\/\" title=\"Apple faces setback in EU's  billion tax order battle.\">future cases involving multinational corporations<\/a>.<\/p>\n<p>For the European Union, a\u200c ruling in favor of the advocate general&#8217;s opinion would be a victory in its efforts to crack \u200bdown\u200b on what it sees as \u200cunfair\u200c tax practices by multinational companies. It would\u200d reinforce the EU&#8217;s position as a regulator that is\u200b committed to <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/zelensky-criticizes-eu-for-failing-to-agree-on-russian-oil-ban\/\" title=\"Zelensky Criticizes EU for Failing to Agree on Russian Oil Ban\">ensuring fair competition<\/a> and preventing member states from providing\u2064 preferential treatment to certain companies through tax rulings.<\/p>\n<p>However, it is \u2064important to note that the\u2063 advocate general&#8217;s opinion is\u2062 non-binding, and the CJEU may\u2064 reach a different conclusion\u200b when it issues its final\u200d ruling in the coming months. Nevertheless, this opinion signals a potential setback \u2064for Apple, and the outcome of the case will be closely watched \u2062by both the tech industry and tax \u2063authorities in Europe.<\/p>\n<p>In conclusion, the advocate general&#8217;s opinion that the EU tribunal made legal errors in ruling in favor of Apple over a \u206413-billion-euro tax \u200border highlights the complexity and importance of tax cases involving multinational corporations. The CJEU&#8217;s final\u2063 ruling will have significant implications for both Apple and the European Union, shaping\u200b the\u2063 future landscape of tax practices and state aid\u200c regulations in Europe.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By\u00a0Foo Yun Chee\u00a0and\u00a0Bart H. Meijer November 9, 2023 \u2013 4:42 PM UTC Advertisement LUXEMBOURG (Reuters) \u2013 An EU tribunal made legal errors when it ruled in favour of Apple over a 13-billion-euro ($14 billion) tax order and should review the case again, an adviser to Europe\u2019s top court said on Thursday, in a potential setback<\/p>\n","protected":false},"author":1911,"featured_media":2095168,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[542],"tags":[],"class_list":["post-2095167","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-oann"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2095167","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1911"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2095167"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2095167\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2095168"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2095167"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2095167"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2095167"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}