Apple should pay Ireland €13bn ($14.5bn) in back taxes, according to a landmark ruling from the European Commission.
A three year investigation has concluded tax arrangements with Ireland enabled the tech giant to pay much lower tax rates than other businesses.
That amounts to illegal state aid under EU rules.
Laith Khalaf from stockbroker Hargreaves Lansdown says Apple will appeal the decision.
IN: "Joined strangely…
OUT: …avoidance."
DUR: 15 seconds
http://www.fsnradionews.com/feeds/0830apple-khalaf1.mp3
ALT:
Brussels correspondent Kevin Ozebek says it's a big moment for the EU.
IN: "This is…
OUT: …in Ireland."
DUR: 45 seconds
http://www.fsnradionews.com/feeds/0830apple-ko1.mp3
ALT:
Brussels correspondent Kevin Ozebek says it's a big moment for the EU.
IN: "This isn't…
OUT: …appeals court."
DUR: 24 seconds
http://www.fsnradionews.com/feeds/0830apple-ko2.mp3
A three year investigation has concluded tax arrangements with Ireland enabled the tech giant to pay much lower tax rates than other businesses.
That amounts to illegal state aid under EU rules.
Laith Khalaf from stockbroker Hargreaves Lansdown says Apple will appeal the decision.
IN: "Joined strangely…
OUT: …avoidance."
DUR: 15 seconds
http://www.fsnradionews.com/feeds/0830apple-khalaf1.mp3
ALT:
Brussels correspondent Kevin Ozebek says it's a big moment for the EU.
IN: "This is…
OUT: …in Ireland."
DUR: 45 seconds
http://www.fsnradionews.com/feeds/0830apple-ko1.mp3
ALT:
Brussels correspondent Kevin Ozebek says it's a big moment for the EU.
IN: "This isn't…
OUT: …appeals court."
DUR: 24 seconds
http://www.fsnradionews.com/feeds/0830apple-ko2.mp3