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Title: News: Source: Italian prosecutors wrap up Apple tax probe Post by: HCK 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 (http://www.ilounge.com/index.php/news/comments/source-italian-prosecutors-wrap-up-apple-tax-probe) |