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Tuesday, August 30, 2016

EU hits Apple with $14.6 billion tax bill - Aug. 30, 2016

Ireland must recover up to 13 billion euros ($14.6 billion) in unpaid taxes from Apple, European officials said on Tuesday.



The tax ruling is the biggest the European Union has ever made regarding a single company, and it could spark a huge transatlantic row over how Europe treats U.S. companies.



EU hits Apple with $14.6 billion tax bill - Aug. 30, 2016

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