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Author Topic: News: Source: Italian prosecutors wrap up Apple tax probe  (Read 530 times)
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« on: March 24, 2015, 03:00:27 pm »

News: Source: Italian prosecutors wrap up Apple tax probe

An Italian tax probe alleging Apple failed to pay 879 million euros ($964 million) in corporate taxes has wrapped up, Reuters reports. Under Italian law, finalizing the probe lets prosecutors ask a judge to hear the case at trial. Prosecutors claim Apple dodged its full tax bill from 2008-2013 by having its profits in Italy booked by Irish subsidiary Apple Sales International, reducing its taxable income base. Apple has denied any wrongdoing, citing…

Source: News: Source: Italian prosecutors wrap up Apple tax probe
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