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Apple ordered to pay up to €13bn after EU rules Ireland broke state aid laws
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Apple ordered to pay up to €13bn after EU rules Ireland broke state aid laws

by firstsource newsAugust 30, 2016

says got illegal help with tax breaks but CEO Tim Cook says ruling threatens investment in

Apple has warned that future investment by multinationals in Europe could be hit after it was ordered to pay a record-breaking €13bn (£11bn) in back taxes to .

The world’s largest company was presented with the huge bill after the European commission ruled that a sweetheart tax deal between Apple and the Irish tax authorities amounted to illegal state aid.

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