Apple has been told it will not have to pay Ireland €13bn (£11.6bn) in back taxes after winning an appeal at the European Union’s second-highest court.
It overturns a 2016 ruling which found the tech giant had been given illegal tax breaks by Dublin.
The EU’s General Court said it had annulled that decision because there was not enough evidence to show Apple broke EU competition rules.
The European Commission will more than likely appeal the decision, bringing the case to the European Court of Justice, the EU’s supreme court. This case will drag on for a few more years.
It is a “letter of the law vs intent of the law issue”.
Of course the companies will pay accountants and lawyers a billion Euros to avoid paying much more in taxes. Expecting anything else would be a delusion. On the other hand governments will always have less resources and manpower to go after them. They will also set a fixed set of rules, which will be taken apart by those said accountants.
Hence, the good solution is having a simple set of rules across the globe. At least among the biggest economies. The company would then no longer be able to shop around for rates.