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

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

By Romain Dillet

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).
The debate over European taxes has been an ongoing issue for the past few years. Read More

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Source:: TechCrunch Gadgets

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