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Apple will take up to a $10 billion earnings hit following a ruling that it must pay 13 billion euros ($14.3 billion) in back-taxes to Ireland, an Apple
Apple will take up to a $10 billion earnings hit following a ruling that it must pay 13 billion euros ($14.3 billion) in back-taxes to Ireland, an Apple securities filing said Tuesday. Apple “expects to record a one-time income tax charge … of up to approximately $10 billion,” in its fiscal fourth quarter following Tuesday’s […]
The post Apple announces $10 bn hit from EU tax ruling appeared first on Insider Paper.
https://insiderpaper.com/apple-announces-10-bn-hit-from-eu-tax-ruling/
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