Apple wins EU Court fight over $14.9 billion tax bill

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“Apple has won its court fight over a record $ 14.9 billion Irish tax bill in what is being described as a serious blow to European Union antitrust chief Margrethe Vestager’s crackdown on preferential fiscal deals to selected companies,” New Electronics  reports.

“The EU General Court sided with the iPhone maker, arguing that the European Commission had failed to show Ireland’s tax arrangements with the company were illegal state aid. The decision can be appealed.”

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