Apple Faces $14.5B Tax Bill After EU Investigation – NBC News

Apple faces a record-setting tax bill of up to $14.5 billion after the European Union ruled Ireland had given it illegal tax benefits.A three-year investigation by the E.U.’s executive branch ruled that Ireland’s tax dealings with the California tech giant breached rules on state aid and that Dublin must recover the unpaid taxes, plus interest.

Source: Apple Faces $14.5B Tax Bill After EU Investigation – NBC News