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Apple is still trying to avoid paying a $14 billion tax bill in Europe

betanews Tuesday, 17 September 2019
Apple is fighting in Europe's General Court to avoid paying $14 billion (€13 billion) in back taxes after an EU ruling back in 2016. The iPhone-maker is one of many multi-national companies who have taken advantage of tax benefits in Ireland -- so-called "sweetheart deals" that the country offers to large companies and which the European Commission deemed illegal. Apple told Europe's second-highest court that the hefty tax bill "defies reality and common sense". See also: Apple disputes Goldman Sachs' negative analysis of Apple TV+ Streaming video service Apple TV+ is coming in November Apple's new iPhone 11, 11 Pro… [Continue Reading]
Credit: Euronews English - Published < > Embed
News video: Apple challenges EU tax bill

Apple challenges EU tax bill 01:45

Apple challenges EU tax bill

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