Apple finally agrees to pacify the EU by paying Ireland $15.4 billion in back taxes

Apple finally agrees to pacify the EU by paying Ireland $15.4 billion in back taxes - www.justnaira.com

Apple has finally come to terms with the European Union to commence the payment of back taxes to Ireland worth €13 billion ($15.4 billion) that it was ordered to pay the country last year. Reports from the Wall Street Journal show that the decision to honor the agreement was made today following the landmark decision to cut down tax shelter policies and profit offshoring. Even though the order had been issued since the previous year, precisely in August 2016, Ireland had refused the collection of the money because low tax rates are the country’s vehicle for the attraction of domestic

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