By James Doleman

Apple has refuted suggestions from the European Union that it benefits from ilegal “State Aid” in its Irish operations.

A preliminary finding by the European Commission (EC) has found that Ireland provided illegal state aid to tech giant Apple for more than 20 years, which has left the company facing the possibility of a fine of of billions of Euros.

In a statement issued today the EC said that it believed that the “sweetheart” tax deals between Apple and the Irish government constituted illegal “state aid” that gave the company a competitive advantage in the in the European market that “is Read full story ›

Source: The Drum