Friday, January 15, 2016

European Commission ruling may force Apple to pay back $8B in taxes

A recent European Commission ruling is making it more than likely making Apple's tax agreements in Ireland illegal. According to a report from Bloomberg, Apple may owe the European Commission up to $8 billion in taxes. Currently, Apple does all of its European taxes in Ireland, where a special agreement with Ireland allows Apple to only pay 2.5% tax...

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