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European court annuls EU's 13 bn euro Apple tax decision

Last Updated 15 July 2020, 10:45 IST

A European court on Wednesday annulled an EU order that Apple repay Ireland 13 billion euros ($15 billion) in back taxes, in a major legal setback for Brussels.

The iPhone-maker and Ireland staunchly opposed the 2016 decision that Apple CEO Tim Cook slammed at the time as "total political crap".

In a statement, the EU's general court said it "annuls the decision taken by the Commission regarding the Irish tax rulings in favour of Apple."

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(Published 15 July 2020, 10:24 IST)

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