Dara Doyle: Apple’s Irish Tax Bill May Run Into Billions of Euros

Bloomberg – Apple Inc. is facing a potential tax bill running into billions of euros, with the European Union poised to release a finding into its dealings in Ireland as soon as Tuesday, according to people familiar with the situation.

The European Commission decision is expected to say Ireland provided the iPhone maker with illegal aid through a sweetheart deal in return for creating jobs in the nation, the people said on condition of anonymity because the details are confidential. Ireland has vowed to fight any adverse finding.

FULL ARTICLE