(credit: Andrew Cunningham)
BRUSSELS—Europe’s competition chief has ordered Ireland to reclaim €13 billion in back taxes from Apple.
It comes despite the US treasury department warning last week that it would “consider its options” in such an eventuality.
Speaking at the European Commission’s headquarters in Brussels on Tuesday, Margrethe Vestager said: “Member states cannot give tax benefits to selected companies—this is illegal under EU state aid rules.”
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Source: Ars Technica – Apple must pay Ireland .5 billion in taxes, rules European Commission