EU Seeks Court Backing in $14B Apple Tax Fight

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The Spin

Narrative A

Apple has paid its fair share of taxes under the Irish tax code, including a corporate tax of $7.69B in 2022, a 73% year-over-year increase. Furthermore, the profits that the Commission says should have been taxed in Ireland, totaling a whopping €20B, were already taxed in the US.

Narrative B

This case will decide whether US-based corporations — and the billions of dollars they generate outside the US — will be able to hide their profits from other governments. Apple Sales International and Apple Operations Europe receive most of their revenue from outside the US, which clearly shows why that money should be taxable in Ireland.


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