European Court of Justice Rules Against Apple in €13 Billion Tax Case, Google Loses €2.4 Billion Antitrust Appeal

Sep 10, 2024, 07:53 AM

The European Union's top court, the European Court of Justice, has ruled against Apple in a long-running tax dispute, requiring the company to pay €13 billion ($14.4 billion) in back taxes to Ireland. This decision upholds the European Commission's 2016 ruling that Ireland provided Apple with illegal state aid through favorable tax arrangements. The ruling represents a significant victory for the EU's efforts to crack down on special deals granted by nations to large corporations. Additionally, Google lost its appeal to overturn a €2.4 billion ($2.7 billion) fine for antitrust violations, where the company was found to have abused its dominance in search to favor its own shopping services.