Ireland Faces Rebuke From EU for Failing to Collect Apple's Tax Billions
- Authorities set to issue non-compliance action in tax case
- Ireland searching for fund managers for 15 billion euros
Why Apple and Ireland May Be Appealing $14.6B EU Tax Bill
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Ireland faces a rebuke from European Union authorities for failing to collect a year-old tax bill of as much as 15 billion euros ($17.6 billion) from Apple Inc.
The European Commission may issue a so-called non-compliance action as soon as this week, according to a person with knowledge of the matter, who asked not to be named because the information is private. The EU has pushed Ireland to collect the money, which was initially due by Jan. 3.