Mon, 16 Sep 2024 06:30:04 GMT
Apple has to pay major tax
Apple Inc. has lost a major, long-running lawsuit against the European Union and has to pay $14.4 billion in taxes to Ireland. Apple had made a deal with the Irish government and used it to pay less tax in the EU on its profits. In 2016, the European Commission accused the Irish government of making an illegal deal and sued.