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Apple Loses UK Tax Battle On Watch Straps

Apple could be forced to pay millions of pounds in extra taxes in the UK after losing a legal battle over whether its smartwatch straps are an accessory that should be taxed individually or part of the device. Ending a months-long legal battle, a tax tribunal in London has ruled that the straps are "pieces of plastic" and an "accessory," not part of the technology.  

Read the whole story at The Telegraph »

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