Comment on Apple Ordered to Pay $14.5 Billion in Back Taxes

Apple Ordered to Pay $14.5 Billion in Back Taxes

BRUSSELS- E.U. antitrust regulators ordered Apple on Tuesday to pay up to 13 billion euros ($14.5 billion) in taxes plus interest to the Irish government after ruling that a special scheme to route profits through Ireland was illegal state aid. The massive sum, 40 times bigger than the previous known demand by the European Commission to a company in such a case, could be reduced, the E.U.

 

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