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Thursday, 16 July 2020 14:34

APPLE WINS $15B TAX FIGHT

A EU court has sided with Apple, awarding the tech giant a major victory in a battle over unpaid taxes. The case dates back to a decision in 2016 when the EC ruled that Ireland had given Apple an unfair tax advantage and therefore owed $14.9 billion. It was annulled by Europe’s General Court Wednesday, after the court said the EC did not prove that there was an advantage given.

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