News: Apple to testify about EU tax dealsApple will testify tomorrow before European Union officials, defending the company’s tax deals in Europe as lawmakers increase pressure on multinationals to pay more taxes on local profits, Reuters reports. While the European Parliament tax committee holding the inquiry has no power to order changes, the hearing reflects growing discontent over large companies avoiding local tax liabilities. Google, McDonald’s and IKEA will also take part…
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News: Apple to testify about EU tax deals
