https://www.taxtmi.com/news?id=68271 Apple challenges an amended penalty framework allowing the Competition Commission to calculate fines using an enterprise's global turnover aggregated across all products and territories, arguing this produces manifestly arbitrary and grossly disproportionate penalties and is ultra vires Article 14 and Article 21. It contends that being forced to undergo enforcement and only later seek appellate review after making significant pre-deposits would effectuate irreversible constitutional harm, and it also challenges broad disclosure directions for audited financial statements. en-us Thu, 22 Jan 2026 18:46:03 +0530 Thu, 22 Jan 2026 18:46:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=68271 Apple challenges an amended penalty framework allowing the Competition Commission to calculate fines using an enterprise's global turnover aggregated across all products and territories, arguing this produces manifestly arbitrary and grossly disproportionate penalties and is ultra vires Article 14 and Article 21. It contends that being forced to undergo enforcement and only later seek appellate review after making significant pre-deposits would effectuate irreversible constitutional harm, and it also challenges broad disclosure directions for audited financial statements. News - Thu, 22 Jan 2026 18:46:03 +0530 https://www.taxtmi.com/news?id=68271