Monday, November 9, 2015

Ireland still sees EU tax decision on Apple by year-end

An iPhone 6 Plus is pictured as the Apple iPhone 6s and 6s Plus go on sale at an Apple Store in Los Angeles, CaliforniaIreland continues to expect European Union regulators to issue a decision on the country's tax deal with Apple before the end of the year, the country's finance minister said on Monday, a move which could force the iPhone maker to pay substantial back taxes. The European Commission has already ordered Dutch authorities to recover up to 30 million euros ($32.23 million)from U.S. coffee chain Starbucks and Luxembourg to do the same with Fiat Chrysler for their tax deals. Rulings on Apple and Amazon's tax arrangement with Luxembourg authorities are still pending.

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