EU to launch probe into Apple’s Irish tax deal: report

The European Commission will launch a formal investigation on Wednesday into Apple Inc’s tax arrangements in Ireland, Irish state broadcaster RTE reported, without naming its source.The EU’s competition authority said last year that it was looking into corporate tax arrangements in several member states and had requested information from Ireland. see:EU to probe Apple’s Irish tax affairs
Move by Brussels is part of widening global crackdown on evasion to investigate Apple’s tax affairs
The European Commission is to open a formal investigation into Apple, Starbucks and Fiat in relation to tax arrangements with three EU countries.The firms’ respective arrangements with Ireland, the Netherlands and Luxembourg will be investigated.Announcing the move, tax commissioner Algirdas Semeta said that “fair tax competition is essential”.

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