TL;DR – After an 8-year legal process, today the European Court of Justice ruled against Ireland and Apple. Ireland must, against their wishes, recover €13 billion in back-taxes from Apple. Between 1991 and 2014 Ireland offered major tax deductions to Apple, in exchange for them basing operations in Ireland. The ECJ ruled that this constituted illegal state aid.
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TL;DR – After an 8-year legal process, today the European Court of Justice ruled against Ireland and Apple. Ireland must, against their wishes, recover €13 billion in back-taxes from Apple. Between 1991 and 2014 Ireland offered major tax deductions to Apple, in exchange for them basing operations in Ireland. The ECJ ruled that this constituted illegal state aid.