Apple stung with UK tax charge
Relations between Apple and the Irish government have deteriorated in recent months
Britains' Revenue and Customs service has delivered the latest tax blow to US tech giant Apple, forcing the company to hand over an extra £136 million (€153 million) in tax and interest after “an extensive audit”.
The tax was paid by Apple Europe, one of the tech firm's British subsidiaries, with the British tax authorities claiming that the company had not received sufficient commission on sales it helped secure. Apple Europe is engaged...
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Tom Maguire: Tax changes we make now could help business for years
The way we did business a few months ago may never return – so the opportunity is to make changes that will both aid recovery and set us up well for our new futures