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« on: October 14, 2014, 03:00:22 pm »

Ireland could phase out tax loophole that has saved Apple billions of dollars

Reuters on Monday, citing two sources familiar with the matter, reports that Ireland is set to phase out the so-called “Double Irish” corporate tax loophole that enabled Apple, Google and other companies to save billions of dollars over the past several years. The decision comes just weeks after the European Commission launched an investigation into Ireland providing companies with illegal state aid through these tax deals.   
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Source: Ireland could phase out tax loophole that has saved Apple billions of dollars
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