How Apple- and the Rest of Silicon Valley- Avoids the Tax Man

Today, the European Union ordered Apple to pay $14.5 billion dollars in back taxes, which its antitrust regulator says the company owes because a sweetheart tax deal offered by Ireland violated EU policy. The penalty, which is the largest the EU has ever lobbied against a single corporation, signals that the Union is getting increasingly serious about holding foreign companies accountable for their tax bills. But Apple is far from alone. * Read the full article here

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