WSJ NEWS ALERT: Apple Received $14.5 Billion in Illegal Tax Benefits From Ireland

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Apple Received $14.5 Billion in Illegal Tax Benefits From Ireland

The European Union's antitrust regulator demanded that Ireland recoup roughly 13 billion euro ($14.5 billion) in unpaid taxes from Apple, a move that could intensify a feud between the EU and the U.S. over the bloc's tax probes into American companies.

The European Commission said the tax arrangements Ireland offered Apple in 1991 and 2007 allowed the company to pay less than 1% or almost zero tax on its European profits for more than 10 years, between 2003 and 2014.

Both Apple and Ireland can appeal the decision in court.

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