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Wednesday, 4 October 2017

News: Ireland may face penalty for not collecting on EU tax ruling against Apple

Source: www.ilounge.com --- Tuesday, October 03, 2017
Ireland has presented a united front with Apple in disputing an EU ruling that the company owes the country $17.6 billion in back taxes, and refusing to collect the money from Apple may end up costing Ireland, Bloomberg reports. The European Commission has been pushing Ireland to collect the money, which was supposed to be due at the beginning of the year. Irish authorities are supposed to have collected the money and put it in escrow pending Apple’s… ...



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