30-12-2015, 14:14
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#1
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Inactive
Join Date: Oct 2006
Location: Right here!
Posts: 22,315
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Apple to cough up some tax
Quote:
Apple's Italian subsidiary has agreed to pay €318m (£235m; $348m) following an investigation into tax fraud allegations, Italy's tax office says.
Italy's tax authorities say the company failed to pay €880m in tax between 2008 and 2013, according to La Repubblica.
The settlement follows an investigation by prosecutors in Milan.
The US tech giant has not commented on the deal. It has previously denied attempting to escape paying tax owed on profits made around the world.
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http://www.bbc.co.uk/news/world-europe-35197547
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