European Court Overrules $14.9 Billion Tax Decision Against Apple

Apple won a major legal victory against European antitrust regulators as a European court overruled a 2016 decision that ordered the company to pay $14.9 billion in unpaid taxes to Ireland. The decision, which can be appealed to the European Union’s top court, is a setback for the region’s efforts to clamp down on what the authorities there believe is anticompetitive behavior by the world’s largest technology companies.