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May 18, 2018 03:23 pm -04

Apple sends Ireland $1.76 billion in first payment for back taxes

Back in 2016, the European Commission ordered Apple to pay Ireland around 13 billion euros ($15.3 billion at current exchange rates) in back taxes. Apple had a special sweetheart deal with Ireland, which the commission ruled was illegal. Neither part...

Original Link: https://www.engadget.com/2018/05/18/apple-first-payment-back-taxes-to-ireland/

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Engadget

Engadget is a web magazine with obsessive daily coverage of everything new in gadgets and consumer electronics. Engadget was launched in March of 2004 in partnership with the Weblogs, Inc. Network (WI

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