Dublin – In the ongoing legal saga between Ireland and tech giant Apple, the pendulum has swung in Ireland’s favor once again. The European Supreme Court has directed a review of the case, overturning an earlier ruling by an EU tribunal that favored Apple’s appeal against the €13 billion tax assessment imposed by Ireland.
The tax dispute, a focal point in EU antitrust chief Margrethe Vestager’s campaign against multinational corporations and their deals with EU countries, saw Apple seeking refuge from the General Court of the European Union in 2020. The court’s recent decision sided with Apple, asserting that regulators failed to meet the legal threshold required to demonstrate that the tech giant had unfairly benefited.
As the legal wrangling continues, the fate of the €13 billion tax liability remains uncertain, adding another chapter to the ongoing debate surrounding corporate taxation within the European Union.