From InfoWorld: Apple's tax benefits in Ireland are illegal, and the company will have to pay up to €13 billion ($14.5 billion) in back taxes, plus interest.
That's the verdict European Commissioner Margrethe Vestager delivered Tuesday, wrapping up a two-year investigation of the company's tax affairs stretching back to 2003.
The investigation found that Apple's effective tax rate on profit reported in Ireland was just €500 per million euros in profit, falling to €50 per million in 2014.
"I would have a feeling if my effective tax rate were 0.05 percent, falling to 0.005 percent. I would feel that maybe I should have another look at my tax bill," she said.
The Commission looked into tax rulings granted by the Irish government to two Apple subsidiaries, Apple Operations Europe, which makes some Apple computers, and Apple Sales International, which resells the company's products throughout Europe, the Middle East, Africa and India.
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