UPDATE 1-EU's Vestager seeking details on Apple's recent tax set-up [Reuters]
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Source: Reuters
UPDATE 1-EU's Vestager seeking details on Apple's recent tax set-up | Reuters Reuters Staff 3 Min Read (Adds no new comment from Apple, background on EU decision) By Foo Yun Chee LISBON, Nov 7 (Reuters) - European Union regulators have asked iPhone maker Apple for details of its recent tax structure following last year’s order to pay back taxes of up to 13 billion euros ($15 billion) to Ireland, Europe’s anti-trust chief said on Tuesday. European Competition Commissioner Margrethe Vestager, who issued the record back-tax bill against Apple in August 2016, said she wanted to make sure the company now complies with the bloc’s rules which ban unfair state aid. “I have been asking for an update on the arrangement made by Apple, the recent way they have been organised, in order to get the feeling whether or not this is in accordance with our European rules but that remains to be seen,” Vestager told a news briefing at an international tech summit in Lisbon. “We are looking into this of cou
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