Apple to Pay 318 Million Euros in Italy to Settle Tax Fraud Case

Apple Italy has just agreed to pay no less than 318 million euros (347 million dollars) in order to settle a tax fraud case investigating the company for using overseas offshores to avoid taxes.

This isn’t the first time when a tech giant is accused of dodging taxes, and companies such as Microsoft, Google, and Apple itself have been involved in such investigations, but all had previously denied claims, explaining that all legal taxes were fully paid.

In Italy, however, … (read more)

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