|EU says Apple gets illegal tax benefits in Ireland|
|News - St Augustine Area & St Johns County|
BRUSSELS ó Apple risks having to repay Ireland tax rebates worth billions of dollars after the European Unionís competition watchdog said Tuesday the company appears to be benefiting from illegal tax deals there.
In a preliminary report into the companyís overseas tax practices, the 28-nation blocís executive Commission said the low tax treatment Ireland is granting Apple counts as state aid and could be illegal under EU law.
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