The European Union is investigating Apple to see if it owes countries like Ireland billions in unpaid taxes. As of the second quarter of 2016, Apple has a cash balance of around $231 billion. To put that in its proper context, Ireland’s total national debt is around $226 billion.
Apple can obviously afford whatever the fine is. There’s a lot of money to play for. The pile of multinational cash parked overseas in places like Ireland...
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