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EU: Apple owes Ireland nearly $15 billion in back taxes

The European Union ruled that Apple pay over $14.5 billion in back taxes to Ireland.

08/30/2016 | Rating NR

PBS News Hour

EU: Apple owes Ireland nearly $15 billion in back taxes

Clip: 8/30/2016 | 7m

The European Union ruled that Apple pay over $14.5 billion in back taxes to Ireland.

After uncovering an illegal deal, the European Union ruled that Apple pay over $14.5 billion in back taxes to Ireland. The EU’s antitrust regulator found that the country and the tech giant had made an agreement that allowed Apple to pay less than 1 percent in corporate tax for over a decade. Apple plans to appeal the decision. Hari Sreenivasan speaks with EU Commissioner Margrethe Vestager.

08/30/2016 | Rating NR

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Major corporate funding for the PBS News Hour is provided by BDO, BNSF, Consumer Cellular, American Cruise Lines, and Raymond James. Funding for the PBS NewsHour Weekend is provided by...

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