News: Apple to pay $347 million in Italian back taxesApple 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…
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News: Apple to pay $347 million in Italian back taxes
