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A comment on EU Court: Apple received EUR 13B illegal tax subsidy [pdf]. Parent comment

Re:EU Court: Apple received EUR 13B illegal tax subsidy [pdf] by quonn on Tuesday September 10, 2024 @05:28AM (#41498939)
> literally decades later.

So given the time value of money, Apple still has an unfair advantage?

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Re:EU Court: Apple received EUR 13B illegal tax subsidy [pdf] by Nemo_bis on Wednesday September 11, 2024 @02:40AM (#41508626)
Actually Apple is supposed to pay interest as well, but it's probably going to be a very low "legal interest rate".

From the original decision:

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1. Ireland shall recover the aid referred to in Article 1(1) from Apple Sales International.

2. Ireland shall recover the aid referred to in Article 1(2) from Apple Operations Europe.

3. The sums to be recovered shall bear interest from the date on which they were put at the disposal of the beneficiaries until their actual recovery.

4. The interest shall be calculated on a compound basis in accordance with Chapter V of Regulation (EC) No 794/2004.

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https://eur-lex.europa.eu/eli/dec/2017/1283/oj

Linked in https://curia.europa.eu/jcms/upload/docs/application/pdf/202...

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