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Apple starts paying off its massive $16 billion European tax bill

Apple has transferred the first 1.5 billion euro ($1.18 billion) installment of its $16 billion fine ordered by the European Union, reflecting back taxes the company supposedly hasn’t paid. The payment was confirmed today by Ireland’s Finance Minister Paschal Donohoe. In response to Apple paying up, EU authorities are reportedly open to dropping a lawsuit […]

(via Cult of Mac - Tech and culture through an Apple lens)



from Cult of Mac http://bit.ly/2k6eEGk
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