|
Title: News: Apple to pay $347 million in Italian back taxes Post by: HCK on December 30, 2015, 09:00:31 pm News: Apple to pay $347 million in Italian back taxes
Apple has agreed to pay €318 million (about $347 million) in taxes owed to Italy’s inland revenue service, according to a new report by La Repubblica. Stemming from an investigation that began in 2013, Apple’s Italian subsidiary allegedly failed to declare more than €1 billion ($1.3 billion) in revenue to the country’s tax authorities — a report that was confirmed as accurate by the Italian tax office. The final agreement came… Source: News: Apple to pay $347 million in Italian back taxes (http://www.ilounge.com/index.php/news/comments/apple-to-pay-347-million-in-italian-back-taxes) |