Tim Cook, and the Irish government have argued that, because the tech firm's products and services are created, designed and engineered in the U.S., the bulk of its financial benefit is created there and that the Irish tax scheme is legal.
Apple also said it paid Ireland's 12.5 percent rate on all the income that it generates in the country.In a hearing at the General Court last year, Apple's legal team said that the European Commission's decision had "defied reality and common sense."Now, the General Court annulled the decision, arguing that the European Commission had failed to show "to the requisite legal standard" that Apple was granted an illegal advantage.The Commission could appeal Wednesday's ruling at the EU's top court, the.
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