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EU refers Ireland to top court for failing to collect Apple tax

EU REFERS IRELAND TO TOP COURT FOR FAILING TO COLLECT APPLE TAX

The EU referred Ireland to the bloc's highest court on Wednesday for failing to collect 13 billion euros ($14.5 billion) in back taxes from tech titan Apple following a ruling a year ago.

"The European Commission has decided to refer Ireland to the European Court of Justice for failing to recover from Apple illegal state aid," the EU's anti-trust regulator said in a statement.

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