Apple has finished paying $15 billion European fine

Sep 18 2018 by TechCrunch

 

Apple has finished wiring billions of euros to pay back illegal tax benefits to the Irish government according to Reuters. Overall, Apple has paid $15.3 billion (€13.1 billion) for the original fine as well as $1.4 billion (€1.2 billion) in interests.

In August 2016 the European Commission ruled that Apple benefited from illegal tax benefits from 2003 to 2014. In particular, the company should have paid more taxes in Ireland — a lot more. Competition Commissioner Margrethe Vestager ...

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