Apple Loses Battle Over €13 Billion Tax Bill in the EU

The tech giant Apple has found itself on the losing end after the decision of the European Union's Supreme Court regarding its tax obligations in Ireland. The court confirmed that the company cannot reclaim the sum of €13 billion, which was imposed by the Irish government following a ruling by the European Commission in 2016. This ruling marked the culmination of a long judicial process that began five years ago when the European Commission declared that Ireland had granted Apple illegal tax benefits, which led to significantly reduced tax payments by the company.

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