UK Wins Fight Against EU Tax Order, in Setback for EU's Vestager

What Happened?

The United Kingdom has successfully challenged an EU tax order that demanded Apple pay €13 billion in back taxes to Ireland. The European Commission, led by Margrethe Vestager, had ruled that Apple's tax arrangements with Ireland amounted to illegal state aid. However, the General Court of the European Union has now annulled that decision, ruling that the Commission failed to prove that Apple had received an unfair advantage.

Implications for the EU

The ruling is a significant setback for Vestager and the EU's efforts to crack down on tax avoidance by multinational companies. It also raises questions about the Commission's ability to enforce its competition rules against large corporations.

Implications for the UK

For the UK, the ruling is a victory for its efforts to attract foreign investment. It also sends a message that the UK is open for business and willing to challenge EU regulations that it считает несправедливыми.

Background

The case dates back to 2014, when the EU Commission ruled that Apple had received illegal state aid from Ireland. The Commission argued that Apple's tax arrangements with Ireland allowed it to pay a much lower tax rate than other companies. Apple appealed the decision, and the case has been ongoing ever since.

Reaction

The UK government has welcomed the ruling, saying that it is a "victory for common sense." Apple has also welcomed the decision, saying that it is "pleased" with the outcome.

The EU Commission has said that it is "disappointed" with the ruling and that it is considering its next steps.

Conclusion

The ruling is a significant development in the EU's efforts to crack down on tax avoidance by multinational companies. It is also a victory for the UK, which has been fighting to attract foreign investment.