14. juli 2024
While Fiat’s €30 million in unpaid taxes is dwarfed by the €13 billion tax deal Ireland contracted with Apple, it’s the first case to get a final ruling from the EU courts. The court verdict is a shock because a lower court had confirmed the Commission view even as it knocked back decisions on Apple, Amazon and Starbucks.

Margrethe Vestager has faced down Donald Trump calling her a “tax lady” who hated the U.S. She has batted back complaints from the world’s biggest tech firm Apple over its tax affairs.

But the European Union’s antitrust chief fell at a crucial hurdle on Tuesday when the EU’s top court threw out her 2015 state aid case against Fiat’s tax deal with Luxembourg.

While Fiat’s €30 million in unpaid taxes is dwarfed by the €13 billion tax deal Ireland contracted with Apple, it’s the first case to get a final ruling from the EU courts. The court verdict is a shock because a lower court had confirmed the Commission view even as it knocked back decisions on Apple, Amazon and Starbucks.

Read more www.politico.eu

About Post Editor