A tax refund issue dating back to 1989 has been resolved in Apple's favor by the state of California's Supreme Court, but Apple's accompanying request for a change in tax status for multinational companies like itself was denied, meaning Apple and others will not see huge tax breaks in the state for "repatriating" foreign earnings back to the US. The case was specific to Apple's overseas earnings in 1989, but has implications for companies generally, reports the San Francisco Chronicle.
