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【Wealth Succession】EUROPE: EC makes final bid to restore penalties against Ireland on Apple state aid

The European Commission (EC) is to appeal to the European Court of Justice (ECJ) in the Apple case, challenging the General Court of the European Union's July 2020 decision that Ireland did not grant illegal state aid to Apple through two selective tax breaks. Ireland disputes the EC's view that the Irish branches of the relevant Apple companies did not pay the full amount of tax due in accordance with the law, and is holding EUR14 billion in escrow to settle the case if the ECJ finds in the EC's favour...


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