Tuesday, 30 August 2016

Apple ordered to pay up to $14.5 billion for illegal tax benefits in Ireland

New York police officers stand outside the Apple Store on Fifth Avenue while monitoring a demonstration, Tuesday, Feb. 23, 2016, in New York. Protesters assembled in more than 30 cities around the world to lash out at the FBI for obtaining a court order that requires Apple to make it easier to unlock an encrypted iPhone used by a gunman in December's mass murders in California. (AP Photo/Julie Jacobson) The bill is getting quite expensive as the European Commission has just released a statement saying that Apple has benefited from illegal tax benefits in Ireland for its European operations. The commission says that Ireland must recover the “illegal aid” — it is worth $14.5 billion (€13 billion). This is a developing story, please refresh for more information… Read More http://ift.tt/2bOxwHf
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