Apple can't avoid its $13 billion tax bill through Trump's tax reforms, EU says (AAPL)
With President Trump talking about tax reform, is there a chance that Apple will be able to get out of its €13 billion Irish tax bill altogether?
The short answer from the EU is: no.
In August 2016, Apple was hit with a €13 billion tax bill by the European Commission, payable to Ireland. The Commission alleges that Apple's tax arrangements in Ireland, where it has its European headquarters, amount to unfair "state aid," and are illegal under law.
As such, it has been ordered to pay the
Read more »