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Apple Fights ‘Phantom’ Units Claim in $14 Billion EU Court Clash

  • Hearing over company’s $14.4 billion tax bill ends in acrimony
  • Apple, Ireland fight EU order on second day of court hearings
Apple Inc.'s iPhone X Arrives in Stores
Photographer: Luke MacGregor/Bloomberg
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Apple Inc. and Ireland’s court room clash with the European Commission finally lived up to its billing as the world’s biggest tax case.

A two-day hearing into their appeal of the EU’s record 13 billion-euro ($14.4 billion) tax bill heated up on Wednesday as Apple rebutted claims that Irish units at the center of its fight are just “phantoms” and Ireland hit back at regulators for saying the country would willingly forgo one-fifth of its corporate tax takings.