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Home Business

Apple loses court battle over €13bn tax bill – should you invest?

10 September 2024
in Business
Apple loses court battle over €13bn tax bill – should you invest?
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Europe’s top court has ordered Apple to pay €13bn in unpaid taxes in Ireland, ending an eight-year legal battle over alleged illegal tax breaks. The European Commission, not the Irish government, brought the case, with Apple denying any special deals and pledging to pay all owed taxes. Despite Apple’s recent challenges, investors are advised to monitor its developments in China and services arm, while navigating potential hurdles like affordability and tighter regulations.

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Tags: 13bnApplebattleBillCourtInvestLosesTax
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