Violation Tracker Global

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Violation Tracker Global: Individual Record

Company: Apple Inc.
Current Parent Company: Apple Inc.
Parent at the Time of the Penalty Announcement: Apple Inc.
Jurisdiction: European Commission
Region: Europe
Penalty Currency: Euro
Penalty Amount in Original Currency: 13,000,000,000
U.S. Dollar Equivalent at the Time of the Penalty Announcement: $14,400,000,000
Year: 2024
Date: September 10, 2024
Agency: European Commission Directorate-General for Competition
Offense Group: financial offenses
Offense Category: tax violations
Description: Overturning a lower court ruling, the European Court of Justice restored a 2016 decision by EU competition regulators that Ireland had given Apple illegitimate tax breaks over many years and that the company should repay Ireland about 13 billion euros.
HQ Country of Current Parent: USA
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: electrical and electronic equipment
Specific Industry of Current Parent: computers
Source of Data: (click here)
VTG Record ID: VTG24-69235