Apple has now filed a formal appeal against the European regulators and their $14 billion tax ruling, where the EU regulators have accused both Apple and the Irish Government of having an unlawful tax deal.
Apple has filed a 14 point appeal against the European regulators and the company has said that its European HQ, which is in Ireland was setup correctly and in line with all laws and regulations.
The company has also said that the European Regulators have made an error in their calculations and that the back taxes applied relate to Apple’s worldwide profits and not their European earnings.
Apple has also said that they were not given the opportunity for a proper defense of the allegations before the European regulators made a decision.
Both Apple and Ireland are appealing the ruling by the European Commission, so it could be some time until the case is concluded.
Source Apple InsiderFiled Under: Apple, Top News