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Friday 23 March 2018

Apple agrees to pay £235m in Italian tax case

Apple is to pay £235 million in taxes in Italy
Apple is to pay £235 million in taxes in Italy

Apple Italia has agreed to pay 318 million euro (£235 million) in taxes and is working out a deal to cover future tax liabilities for business it does in the country.

The case is one of several against global technology companies that use headquarters in low-tax nations like Ireland to avoid paying higher taxes in other countries, like Italy.

Milan prosecutors confirmed a report in Rome daily La Repubblica that Apple agreed to pay the sum for years spanning 2008-2013.

The prosecutors also said Apple and Italy are working to reach an accord on what the company's tax liabilities will be for successive years.

Press Association

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