Apple Still Has $5.8 Billion to Pay After EU's 2016 Tax Demand
- Company paid back 9 billion euros, 5 billion euros outstanding
- Apple comments in regulatory filing about 2016 EU ruling
The Apple campus in Cork, southern Ireland.
Photographer: Paul Faith/AFP via Getty Images
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Apple Inc. must still pay 5 billion euros ($5.8 billion) to comply with a European Union back-tax order, nearly two years after the company’s fiscal deals with Ireland were ruled illegal.
Apple has now paid 9 billion euros -- or almost two-thirds -- of the 13 billion euros in back taxes and 1 billion euros of interest it was ordered to transfer to Ireland, the company said in a regulatory filing late Wednesday. It said 4.5 billion euros was paid since June 30.