Irish tax haven probe could hit Luxembourg
An EU investigation into illegal aid in the form of sweetheart tax deals offered to Apple by the Irish state could have implications for Luxembourg, the Financial Times has reported.
(AFP) The European Union is to accuse US tech giant Apple of taking illegal aid from the Irish state through sweetheart tax deals over two decades, the Financial Times reported Monday.
A European Commission investigation into Apple's tax affairs in Ireland, where it has enjoyed a rate of less than 2.0 percent, found that the company benefitted from illegal state aid, the FT reported citing sources close to the matter.
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