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Apple Fighting EU Tax Bill

  • Reuters, Monday, December 19, 2016 2:33 PM
Apple is fighting a $14 billion tax bill it owes the EU. According to company execs, “EU regulators ignored tax experts and corporate law and deliberately picked a method to maximize the penalty,” Reuters reports. “Apple’s combative stand underlines its anger with the European Commission, which said on Aug. 30 the company’s Irish tax deal was illegal state aid.”

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