The Irish Government and Apple have won their appeal against the European Commission's €13bn tax ruling.
The EU General Court annulled the European Commission’s decision to award Ireland billions of Euro in unpaid taxes from the tech giant.
In today’s ruling, judges said the Commission “did not succeed in showing to the requisite legal standard” that Ireland had provide illegal state aid to Apple.
#EUGeneralCourt annuls the decision taken by the @EU_Commission regarding the Irish #TaxRulings in favour of @Apple #Apple #EUCommission #StateAid pic.twitter.com/KoF6r1n82S
— EU Court of Justice (@EUCourtPress) July 15, 2020
The Commission is now expected to appeal the ruling to the EUs highest court.
Here, the Department of Finance has welcomed the ruling.
In a statement, it said: "Ireland has always been clear that there was no special treatment provided to the two Apple companies - ASI and AOE. The correct amount of Irish tax was charged in line with normal Irish taxation rules.
"Ireland appealed the Commission Decision on the basis that Ireland granted no state aid and the decision today from the Court supports that view."
Ireland recovered the money form Apple after the original ruling and placed it in an escrow account until the legal proceedings are completed.
At the end of last year, the fund was worth €14.3bn.
