Wednesday, July 5, 2017

Report: U.S. Government Has Intervened in Apple’s Appeal Against EU Tax Ruling

The U.S. Government has reportedly intervened in Apple's appeal against a tax ruling imposed by the EU. The ruling mentioned that Apple only paid about 0.005-1% in taxes to the Irish Government between 2003 and 2014, while the region's corporate tax was set at 12.5%. As a result, the EU had ordered Apple to pay €13 billion in back taxes to Ireland. Continue reading
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