Economics
Apple Fights $13.6 Billion Tax Bill as EU Lifts Lid on Case
- Apple says it asked EU court to overturn tax repayment order
- Ireland says EU exceeded its powers in tax investigation
The Maxforce: EU Team Behind Apple's Tax Bill
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Apple Inc. has set up a court battle with European Union competition watchdogs who ordered Ireland to claw back a record 13 billion euros ($13.6 billion) in unpaid taxes from the iPhone maker.
The U.S. tech giant said Monday it formally appealed the EU’s Aug. 30 decision to the bloc’s General Court in Luxembourg, as the European Commission and Ireland separately published details of their own arguments in the case.