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EU calls US$15.7B Apple tax ruling contradictory
Aoife White and Stephanie Bodoni, Bloomberg News An Apple Inc. logo social distance marker on the pavement outside a store in San Francisco, California, U.S., on Friday, Oct. 23, 2020. The iPhone 12 and iPhone 12 Pro went on sale in stores, but with individual shopping sessions replacing the famous lines and crowds around locations. Photographer: David Paul Morris/Bloomberg , Bloomberg
The European Union is seeking to overturn Apple Inc.âs victory in a 13 billion-euro (US$15.7 billion) tax dispute, saying judges used âcontradictory reasoningâ when they found that the companyâs Irish units werenât liable for huge payments.