EU Orders Ireland to Collect $14.5B in Back-Taxes from Apple

Europe’s antitrust enforcer ordered Ireland to claw back billions from Apple over illegal tax breaks, a move that will ramp up trans-Atlantic tensions over how much global companies should pay to countries where they do business. The decision by Margrethe Vestager, the European Union commissioner for competition, is the culmination of a two-year investigation into whether Ireland gave preferential treatment to Apple, part of a broader crackdown on corporate tax avoidance.