Apple says will appeal EU tax ruling

TUESDAY, AUGUST 30, 2016
Apple says will appeal EU tax ruling

BRUSSELS - Apple vowed Tuesday to appeal an EU ruling ordering it to pay a record 13 billion euros in back taxes in Ireland, saying the decision would harm jobs and investment in Europe.

"We will appeal and we are confident the decision will be overturned," the US company said in a statement after the European Commission decision that Dublin's tax breaks for Apple were illegal.
"It will have a profound and harmful effect on investment and job creation in Europe."
- AFP