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Apple faces setback in $14bn tax battle with EU

Shortpedia

Content Team
Image Credit: NewsBytes

Apple and Ireland find themselves in a challenging position in their ongoing clash with the European Union's (EU) antitrust watchdog. The issue stems from a substantial $14 billion (Rs. 1.15 lakh crore) Irish tax bill. This tax bill has been at the center of the EU's crackdown on special fiscal deals granted to some of the world's most influential companies.