Wednesday 1 February 2017

‘It’s tricky’: Apple has missed the deadline to pay $13.9 billion to Ireland in illegal tax benefits

‘It’s tricky’: Apple has missed the deadline to pay $13.9 billion to Ireland in illegal tax benefits

Apple has not fully paid the 13 billion euros ($13.9 billion) it owes to Ireland in illegal tax benefits even though the deadline has passed, the European Union's competition said on Tuesday. "Well the recovery is not done yet but we have been working with the Irish authorizes and we can see that they are moving forward to do the recovery of the unpaid taxes," EU Competition Commissioner Margrethe Vestager said during a press conference in response to a question by CNBC.
Read more: http://www.cnbc.com/2017/01/31/apple-misses-deadline-to-pay-ireland-illegal-tax-benefits.html?source=Snapzu

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