Wednesday, October 4, 2017

Europe hits Ireland over $15B in unpaid Apple taxes; Luxembourg liable for $294M in Amazon taxes

The European Commission under Competition Commissioner Margrethe Vestager definitely means business. Today it issued not one but two notices related to ongoing investigations of tech giants Apple and Amazon and how they are not paying what is due in taxes. The result is a doozy. The EC says that Ireland has failed to collect up to €13 billion in taxes from iphone maker Apple — roughly $15

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