Photographer: Simon Dawson/Bloomberg

Apple’s Ireland Bill Puts U.S. Treasury in Tax-Credit Bind

  • U.S. must decide if EU-ordered payments qualify for credits
  • Issue creates ‘tough spot’ for Treasury, tax specialist says

When Apple Inc. was ordered by European regulators to pay $14.5 billion plus interest in back taxes to Ireland, the giant technology company seemed to be facing an expensive headache.

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