Apple’s $15 Billion Tax Victory Faces EU Appeal at Top Court
- Court’s Apple ruling included ‘number of errors,’ EU says
- Appeal will drag out landmark EU tax case for several years
Photographer: Krisztian Bocsi/Bloomberg
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Apple Inc.’s victory over a record back-tax order faces a challenge at the European Union’s top court as Competition Commissioner Margrethe Vestager seeks to rescue her crackdown on allegedly unfair fiscal deals doled out to multinational companies.
The EU’s General Court “made a number of errors of law” when it sided with Apple in its ruling in July, the European Commission said in a statement on Friday announcing that it would appeal to the EU Court of Justice.