EU State Aid Cases Continue to Amaze and Worry Many Multinationals

    View Authors August 2016

    The release this week by the European Commission of its decision in the high-profile European Union (EU) State aid case against Apple has shocked many around the world, especially those outside the EU, despite indications for months that this ruling would involve a significant tax assessment. The magnitude of the judgment – an astonishingly high US$14.5 billion, plus interest – has created a seismic wave of uncertainty for taxpayers investing into the EU who have, for years, felt they knew what their tax outcomes would be.