THE AMERICA ONE NEWS
Jun 4, 2025  |  
0
 | Remer,MN
Sponsor:  QWIKET 
Sponsor:  QWIKET 
Sponsor:  QWIKET: Elevate your fantasy game! Interactive Sports Knowledge.
Sponsor:  QWIKET: Elevate your fantasy game! Interactive Sports Knowledge and Reasoning Support for Fantasy Sports and Betting Enthusiasts.
back  
topic
Forbes
Forbes
10 Sep 2024


The European Court of Justice ordered Apple to pay $14.3 billion (€13 billion) in back taxes on Tuesday, siding with the European Commission’s stance that tax breaks offered to the iPhone maker by Ireland—where Apple’s EU business is headquartered—as illegal.

BELGIUM-EU-ECONOMY-TECHNOLOGY-IRELAND

Apple has been ordered to pay more than $14 billion in back taxes by the European Court of Justice.

AFP via Getty Images

The ECJ said its ruling was the “final judgment in the matter” and described Ireland’s tax breaks to Apple as “unlawful aid” that the country is “required to recover.”

Tuesday’s ruling reverses a lower court decision from 2020, which had ruled in favor of the Irish government.

The decision covers profits generated by two of Apple’s units in Dublin—which hold many of the company’s intellectual property licenses—between 1991 and 2014.

According to the Irish outlet The Journal, Ireland’s Finance Minister Jack Chambers will brief the country’s cabinet on the next steps.

Forbes has reached out to Apple for comment.

This is a developing story.