The EU is taking Ireland to court over Apple tax deal worth $15.2 billion

The EU’s competition watchdog isn’t having it anymore when it comes to large multinationals using tax-minimization vehicles in EU countries to avoid paying taxes. Earlier today the European Commission levied a €250 million bill after it found that Amazon received illegal state aid from Luxembourg. Now the European Commission has announced it’s taking Ireland to …

The EU’s competition watchdog isn’t having it anymore when it comes to large multinationals using tax-minimization vehicles in EU countries to avoid paying taxes. Earlier today the European Commission levied a €250 million bill after it found that Amazon received illegal state aid from Luxembourg. Now the European Commission has announced it’s taking Ireland to court for “failure to recover illegal tax benefits from Apple” that are worth up to €13 billion (about $15.2 billion). In a statement EC Commissioner Margrethe Vestager said:

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