as declared in techcrunch
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
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.
by the same token on chicagotribune
EU orders Apple to pay up to $14.5 billion in back taxes
EU orders Apple to pay up to $14.5 billion in back taxes
Apple has to pay up to $14.5 billion — plus billions more in interest — in back taxes to Ireland after the European Union found Tuesday that the U.S. technology giant contributed almost no tax across the bloc's 28 countries for 11 years.The ruling is a dramatic escalation by the EU executive Commission in its battle to have multinationals pay their fair share in the region, where popular outrage over corporate tax dodging has grown after years of financial crises and austerity budgets.It also risks enflaming tensions with the U.S., which argues the EU is picking on American companies and depriving it of potential tax windfalls of its own.
let alone washingtonpost
Apple owes $14.5 billion in back taxes, European authorities say
Apple owes $14.5 billion in back taxes, European authorities say
antitrust regulators order Apple to pay up to $14.5 billion in taxes plus interest to the Irish government after ruling that a special scheme to route profits through Ireland was illegal state aid.(Reuters)E.U.antitrust regulators order Apple to pay up to $14.5 billion in taxes plus interest to the Irish government after ruling that a special scheme to route profits through Ireland was illegal state aid.
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