WASHINGTON DC (July 15, 2020)  Senate Finance Committee Chairman Charles "Chuck" Grassley (R-IA) today released the following statement regarding the European Union General Court ruling that overturned a 2016 European Commission decision that incorrectly and unfairly targeted Apple, a US-based company.

“I’m encouraged by the ruling from the General Court of the European Union, which annuls the European Commission’s 2016 decision that Ireland provided unlawful state aid to Apple. While the European Commission has denied that it continues to target US companies, the ruling confirms that the European Commission incorrectly applied the law in asserting taxing rights and retroactively assessing billions of dollars of taxes. I hope this ruling will discourage future actions that are inconsistent with international tax-standards and adversely harm US businesses,” Sen Grassley said.

“As I have repeatedly stated, these complex international tax-issues should be resolved through the multilateral process continuing at the Organisation for Economic Co-operation and Development (OECD). This ruling validates the importance of reaching a consensus on these important global tax issues.”

Support the River Cities' Reader

Get 12 Reader issues mailed monthly for $48/year.

Old School Subscription for Your Support

Get the printed Reader edition mailed to you (or anyone you want) first-class for 12 months for $48.
$24 goes to postage and handling, $24 goes to keeping the doors open!

Click this link to Old School Subscribe now.

Help Keep the Reader Alive and Free Since '93!


"We're the River Cities' Reader, and we've kept the Quad Cities' only independently owned newspaper alive and free since 1993.

So please help the Reader keep going with your one-time, monthly, or annual support. With your financial support the Reader can continue providing uncensored, non-scripted, and independent journalism alongside the Quad Cities' area's most comprehensive cultural coverage." - Todd McGreevy, Publisher