EU to investigate Apple’s Irish tax practices

Updated
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The European Commission will launch a formal investigation into Apple’s tax practices in Ireland, RTE reports. It’s expected that the commission will officially announce the investigation tomorrow. Apple CEO Tim Cook testified on Apple’s tax policies to a U.S. Senate subcommittee last year. Recently, a March report accused the company of moving $8.9 billion in untaxed profits from Australia to Ireland.

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Phil Dzikiy

Phil Dzikiy was the Editor-in-Cheif at iLounge. He mostly edited and oversaw all site editorial content, managed staff and freelancers, made the final call on product review grades and awards, and led online coverage of all Apple events and live coverage of the International CES in 2015.