Apple pays Italy $347 million to close tax investigation

[HCK]

Apple pays Italy $347 million to close tax investigation

<p>We’re still waiting for an official decision from European Commission regulators about Apple’s alleged tax avoidance through its Irish subsidiary, but in the meantime the company has agreed to pay €318 million ($347 million) to settle a tax investigation in Italy. A spokesperson for the Italian tax office says that Apple is paying the sum […]</p><p>(via <a rel="nofollow" href="http://www.cultofmac.com">Cult of Mac - Tech and culture through an Apple lens[/url])</p><br clear='all'/>

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Source: Apple pays Italy $347 million to close tax investigation