Today, the European Union ordered Apple to pay $14.5 billion dollars in back taxes, which its antitrust regulator says the company owes because a sweetheart tax deal offered by Ireland violated EU policy.
The penalty, which is the largest the EU has ever lobbied against a single corporation, signals that the Union is getting increasingly serious about holding foreign companies accountable for their tax bills. But Apple is far from alone.
How Apple- and the Rest of Silicon Valley- Avoids the Tax Man was originally published on iSeeTech