Apple spars with EU as $14 billion Irish tax dispute drags on

LUXEMBOURG - Apple accused the European Commission of misunderstanding its business on day two of the iPhone maker’s appeal against a $14 billion tax order, in a dispute that is key to the EU’s drive to collect more taxes but which could also run for years.

The European Commission ordered the U.S. company in 2016 to pay 13 billion euros of taxes it said were owed to Ireland. But Apple and Ireland, whose economy benefits from hosting a number of multinational firms, are appealing against the decision at Europe’s General Court, its second highest. Commission lawyer Paul-John Loewenthal rejected criticism that the EU executive had not taken up Apple’s offer to visit its operations in Cork, Ireland, saying this was not necessary.Ireland ended the tax rulings when Apple’s two Irish units changed their structures in 2015.

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Apple Says EU's $14 B Tax Order 'Defies Reality'The tech giant is appealing a 2016 ruling ordering Apple to pay the record sum in back taxes to Ireland, where the company has long enjoyed a sweetheart tax arrangement. Nothing like the tax man slapping you in the face with a HUGE WET TAX BILL to bring you back to reality, huh?! And I'm willing to bet Apple will pay millions–perhaps even billions–fighting the EU's verdict. All of a sudden we don't like high taxes
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