Apple’s Day of Reckoning Comes With Billion-Euro Tax Risk

Updated on
  • Appeals expected from Ireland and Apple in state-aid case
  • Finding will be closely watched for effects on other companies

Apple Said to Face Tax Bill Running Into the Billions

The European Union is expected to conclude Tuesday that Ireland provided Apple Inc. with illegal aid through a favorable tax arrangement, a decision that may cost the iPhone maker billions of euros and stir concern among hundreds of other companies.

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