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EU Watchdog to Give Reasons for Inquiry into Apple's Irish Tax Savings

The European Commission will publish on Tuesday its reasons for opening an in-depth inquiry into the Irish government's tax treatment of Apple, a Commission spokesman said. The European Union's competition watchdog is looking at whether a number of countries' benign tax regimes for multinational companies, which helps to attract investment and jobs that might otherwise go elsewhere, represents unfair state aid. A U.S. Senate investigation into Apple's tax affairs in...

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