The court of the European Union in Luxembourg cancelled the decision of the European Commission on a record fine for American Corporation Apple. About it the press service of the court on 15 July reported on Twitter.
The decisions in the cases “Ireland V. the European Commission” and “Apple against the European Commission” States that the penalty for the lower tax payments in Ireland worth €13 billion were imposed in 2016 is wrong.
According to the judges, the Commission was unable to prove to the required legal standards of the receiving companies, Apple Sales International and Apple Operations Europe special economic advantage and illegal state aid.
The court also considers that the European Commission came to the wrong conclusion about the relationship of tax incentives to Apple with the fact that Ireland is the European headquarters of an American company: not been proven that benefits are provided by the American technology giant, as an exception.
#EUGeneralCourt annuls the decision taken by the @EU_Commission regarding the Irish #TaxRulings in favour of @Apple #Apple #EUCommission #StateAid pic.twitter.com/KoF6r1n82S
— EU Court of Justice (@EUCourtPress) July 15, 2020