Apple 'formally investigated' over tax in Ireland

The Irish Government has said it will pass any test on tax laws after European chiefs launched investigations into tax breaks allowing Apple to save hundreds of millions.

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Apple 'formally investigated' over tax in Ireland

Technology giants Apple Inc are to be formally investigated over its tax arrangements in Ireland, the European Commission has said.

Last year it was revealed the company had cut billions from its tax by declaring companies in Cork and not tax resident in any other country.

The EU's competition authority has been looking into corporate tax arrangements in several member states.

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