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EU countries set sights on Apple tax bonanza

Protestors demonstrate outside Ireland's parliament buildings in support of the EU ruling to take 13 billion euros in taxes from AppleBudget-squeezed EU countries will ask Brussels for a share of the billions in Irish back taxes ordered from Apple, officials said on Saturday, bringing further problems to the tech giant after the lacklustre launch of the iPhone 7. The European Commission, the EU’s powerful competition regulator, last month ordered Apple to reimburse a record 13 billion euros ($15 billion) in unpaid taxes in Ireland. As part of its historic decision, which angered Washington, the Commission said other EU countries could also claim a slice of the money pot, though doubts on the legality of the claims remain.

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