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U.S. Treasury Chief Lew Set for Apple Tax Showdown With EU

  • EU regulator said to review draft decisions in Apple tax case
  • Lew will meet Vestager on Wednesday as EU ruling looms
Margrethe Vestager

Margrethe Vestager

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U.S. Treasury Secretary Jacob J. Lew is set to meet with European Union antitrust chief Margrethe Vestager this week as she prepares to deliver a final verdict on a probe into Apple Inc.’s tax affairs in Ireland.

The showdown comes days after Vestager’s team came up with two possible scenarios on how much tax Apple owes in Ireland, according to two people familiar with the case, who asked not to be identified because the matter is private. Lew has contacted Vestager urging her to avoid ordering any collection of back taxes from Apple, according to one of the people.