Apple could owe $8 billion for its overseas cash pile

[HCK]

Apple could owe $8 billion for its overseas cash pile

<p>Apple could find itself on the receiving end of a hefty $8 billion bill for back taxes as a result of the current European Commission investigation into its tax policies, according to a new report from Bloomberg Intelligence. If the Commission decides to enforce a tougher accounting standard on Apple, the company may owe taxes at a […]</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 could owe $8 billion for its overseas cash pile