Apple tax bill

After Apple, EU may focus on companies closer to home

Multinational companies can expect the European Commission to press on with a crack down on sweetheart tax deals after handing Apple a breathtaking demand for 13 billion euros, officials and experts said on Wednesday.

Sep 01, 2016, 03:06 AM IST

US, European markets split as Apple hit with $14.5 billion tax bill

European and US equities markets went in opposite directions, with Wall Street in negative territory after European officials ordered Apple to pay $14.5 billion in back taxes.

Aug 31, 2016, 03:12 AM IST