Europe's fight with big tech over tax, data and disinformati...
Europe's fight with big tech over tax, data and disinformation
The Star | 2024-09-12 07:04
PARIS: The European Union scored two major legal victories on Tuesday in separate cases that left Apple and Google owing billions of euros. Brussels has been fighting giant tech firms for years on issues from data privacy to disinformation. Taxation Tuesday's victory over Apple is a huge reversal of fortune for the European Commission, which has had little success in arguing that tech firms broke the law by funnelling profits into low-tax economies like Ireland and Luxembourg. The EU's top court made a final ruling that the iPhone maker must pay 13bil euros (RM61.9bil) in back taxes to Ireland, upholding a 2016 commission decision that a sweetheart deal between Apple and the Dublin government was illegal. The commission is fighting a similar case against Amazon, which also won an appeal against an order to repay 250mil euros (RM1.1bil) in back taxes to Luxembourg. Stifling competit...
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