BRUSSELS: The EU suffered a major setback in its effort to curb profit-shifting as a European court annulled an order that repay Ireland 13 billion euros ($15 billion) in back taxes. The commission's historic ruling against Apple was delivered in August 2016 by Competition Commissioner Margrethe Vestager in a shock decision that put Europe on the map as a scourge of Silicon Valley. The iPhone-maker and Ireland had appealed the order, which Apple CEO slammed at the time as "total political crap". Vestager was derided as Europe's "tax lady" by US President Donald Trump because of the case, as well as a series of antitrust fines...
Full ArticleApple wins EU court battle in $15 billion tax case
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