LINE

    Text:AAAPrint
    Sci-tech

    Apple challenges EU tax ruling

    1
    2016-12-20 13:18Xinhua Editor: Mo Hong'e ECNS App Download

    U.S. tech firm Apple launched on Monday a legal challenge against the European Union (EU)'s decision that it should pay billions of unpaid taxes to Ireland.

    The EU accused Ireland of giving the U.S. multinational illegal state aid with tax arrangements in the country, and ruled in August that it should pay back 13 billion euros (13.6 billion U.S. dollars) in unpaid taxes.

    The Irish government contested such a decision, arguing the EU is interfering with its sovereign rights.

    According to the EU, Irish tax codes have allowed the phone maker to enjoy almost zero tax on its huge sales worldwide for more than a decade. Margaret Stager, EU commissioner in charge of competition policy, said it was in breach of the EU state aid rules.

    Apple, whose European headquarters are located in Ireland, defended itself in a statement on Monday, saying that it was the largest taxpayer in the world, in the United States and in Ireland.

    "It's been clear since the start of the case there was a pre-determined outcome," said the statement.

    The U.S. firm lodged its legal challenge at an EU court in Luxembourg.

    The European Commission, the executive arm of the EU, said in a short statement that it will defend its decision in the court.

      

    Related news

    MorePhoto

    Most popular in 24h

    MoreTop news

    MoreVideo

    News
    Politics
    Business
    Society
    Culture
    Military
    Sci-tech
    Entertainment
    Sports
    Odd
    Features
    Biz
    Economy
    Travel
    Travel News
    Travel Types
    Events
    Food
    Hotel
    Bar & Club
    Architecture
    Gallery
    Photo
    CNS Photo
    Video
    Video
    Learning Chinese
    Learn About China
    Social Chinese
    Business Chinese
    Buzz Words
    Bilingual
    Resources
    ECNS Wire
    Special Coverage
    Infographics
    Voices
    LINE
    Back to top Links | About Us | Jobs | Contact Us | Privacy Policy
    Copyright ©1999-2018 Chinanews.com. All rights reserved.
    Reproduction in whole or in part without permission is prohibited.
    主站蜘蛛池模板: 鹤壁市| 彝良县| 南澳县| 尉氏县| 进贤县| 阳曲县| 炎陵县| 富裕县| 石城县| 遂川县| 榆林市| 勃利县| 石楼县| 上栗县| 七台河市| 驻马店市| 乌海市| 乐都县| 永登县| 黄石市| 郴州市| 公主岭市| 新巴尔虎左旗| 桂林市| 海城市| 山阴县| 遵义县| 靖西县| 铜陵市| 深泽县| 潢川县| 尚志市| 武汉市| 措美县| 奉新县| 遂溪县| 朝阳区| 杭州市| 武夷山市| 定日县| 巴里|