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Ireland Could Be Punished Over Apple Tax Deal

It's reported that Ireland is set to face censure from the EU authorities over its tax dealings with Apple.

The news agency Bloomberg says the EU is set to find that Ireland had granted illegal state aid to the iPhone maker over several years, by striking special tax deals.

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Both Apple and the government had denied that there were any special deals in place to limit Apple's tax bill.

If the European Commission makes a finding against Apple, it could be forced to pay an arrears tax bill worth billions of euro – but Ireland would still be likely to appeal the ruling to the European Court of Justice.

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