Economics
Fiat's EU Court Showdown Gives a Taste of Fight Over Apple Taxes
- Luxembourg, carmaker appeal 30-million euro bill in tax case
- Grand-Duchy and Ireland says EU is violating legal certainty
Photographer: Alessia Pierdomenico/Bloomberg
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Fiat Chrysler Automobiles NV and Luxembourg headed to the European Union courts in the first round of a battle pitting the likes of Apple Inc. against EU regulators who singled them out during a crackdown on controversial tax deals for multinationals.
In a hearing at the EU’s second-highest court on Thursday, a Fiat unit and Luxembourg challenged the EU’s order for 30 million euros ($35 million) in back taxes in a closely watched case that may preview the fate of far larger tax bills meted out by the bloc’s regulators since 2015.