Article 1S2XX Apple ordered to pay up to €13bn after EU rules Ireland broke state aid laws

Apple ordered to pay up to €13bn after EU rules Ireland broke state aid laws

by
Sean Farrell and Henry McDonald
from Technology | The Guardian on (#1S2XX)

European commission says Apple got illegal help with tax breaks but CEO Tim Cook says ruling threatens investment in Europe

Apple has warned that future investment by multinationals in Europe could be hit after it was ordered to pay a record-breaking a13bn (11bn) in back taxes to Ireland.

The world's largest company was presented with the huge bill after the European commission ruled that a sweetheart tax deal between Apple and the Irish tax authorities amounted to illegal state aid.

Continue reading...
External Content
Source RSS or Atom Feed
Feed Location http://www.theguardian.com/technology/rss
Feed Title Technology | The Guardian
Feed Link https://www.theguardian.com/us/technology
Feed Copyright Guardian News and Media Limited or its affiliated companies. All rights reserved. 2024
Reply 0 comments