MILAN (Reuters) – The Inland Revenue has confirmed that it has reached an agreement with Apple on a tax dispute for alleged tax evasion, but did not provide guidance on the amount of the agreement.
Today Republic writes that Apple will pay to the Treasury 318 million from € to end the dispute over non-payment of IRES from Apple Italy for 879 million euro from 2008 to 2013.
The investigations of the Milan prosecutors had closed in March with two managers of Apple Italy and one of Apple Sales International in Ireland investigated for failing to tax return (Article 5 reads 74/2000).
Apple is not currently accessible to a comment.
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