Apple required to pay 13 billion euros in taxes to the EU
September 10, 2024
Apple lost a significant legal battle against the European Union and is required to pay 13 billion euros in back taxes. This decision stems from the EU's efforts to curb tax agreements that favor multinational companies like Apple. Ireland, which has a favorable tax regime, challenged the ruling, but the EU Court upheld it. Apple expressed its disappointment, deeming the ruling illogical.