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Milan prosecutors wrap up Apple unpaid taxes investigation

Tuesday 24 March 2015 | 11:21 CET | News
Prosecutors in the northern Italian city of Milan have completed an investigation into allegations that Apple saved around EUR 879 million in corporate tax by using its Irish holding company, according to two unnamed sources cited by Reuters. Under Italian law, the prosecutors may now request that the case be brought to trial. The investigation examined the accounting techniques employed by Apple from 2008-2013, focusing on two managers from Apple's Italian unit and one from its Irish-based subsidiary Apple Sales International. The prosecutors claim that Apple saved just under EUR 900 million

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Categories: General
Companies: Apple
Countries: Italy
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