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Apple should repay Ireland 13bn euros, European Commission rules

Ireland should recover up to €13bn from Apple in back taxes. After a three-year investigation, the European Commission has concluded that the US firm&;s Irish tax benefits are illegal. The Commission said Ireland enabled the company to pay substantially less than other businesses, in effect paying a corporate tax rate of no more than 1%. Ireland and Apple both said they disagreed with the record penalty and would appeal against it.