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Apple Ordered to Pay 14.5bn Dollars in Back Taxes

European Commission orders technology giant Apple to pay up to 14.5 billion dollars in back taxes. Investigation found it had paid tiny amounts of tax on its profits in Ireland

European Commission orders technology giant Apple to pay up to 14.5 billion dollars in back taxes. Investigation found it had paid tiny amounts of tax on its profits in Ireland -- as little as fifty dollars per million dollars in one particular fiscal year.

(PHOTO: Apple logo seen in shop in Galway;
CREDIT: Reuters/Clodagh Kilcoyne)

23 minutes

Last on

Tue 30 Aug 201612:06GMT

Broadcast

  • Tue 30 Aug 201612:06GMT