Ketevan Zukakishvili

Sep 26, 2024 | lexology.com | James Anderson |Niels Baeten |Nathaniel Carden |Giorgio Motta |Vanessa Johnson |Ketevan Zukakishvili

On September 10, 2024, the European Court of Justice (ECJ or Court) sided with the European Commission (Commission) and ruled that two Irish subsidiaries of Apple Inc. received unlawful state aid from Ireland in the form of a tax advantage (Case C-465/20 P). Ireland has reported that it will now finalise the recovery of approximately €14.1 billion from Apple, representing unpaid taxes and interest, which has been escrowed for the greater part of the past decade.