Taxes

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Apple Must Pay Back €13 Billion in Unpaid Taxes to Ireland, E.U. Court Rules

Apple has been ordered to pay back €13 billion ($14.4 billion) worth of tax to Ireland by the European Court of Justice. Two of its subsidiaries illegally received tax benefits between 1991 and 2014, as these benefits were not available to other companies. Ireland issued tax rulings favouring Apple Sales International and Apple Operations Europe in 1991 and 2007, respectively.…