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Apple Loses Fight Against 13 Billion Euro EU Tax Order to Ireland


Apple on Tuesday shed its battle versus an order by EU competitors regulatory authorities

Apple on Tuesday shed its battle versus an order by EU competitors regulatory authorities to pay 13 billion euros in back tax obligations to Ireland

Apple on Tuesday shed its battle versus an order by EU competitors regulatory authorities to pay 13 billion euros in back tax obligations to Ireland as component of an EU suppression versus sweetie offers in between EU nations and multinationals.

The European Commission released the order in 2016, claiming that the apple iphone manufacturer took advantage of 2 Irish tax obligation judgments for over 20 years that synthetically lowered its tax obligation concern to as reduced as 0.005% in 2014.

(The tale has actually been fixed to alter the message from a different Google situation to the Apple situation)

(This tale has actually not been modified by News18 personnel and is released from a syndicated information company feed – Reuters)



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