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What You Need to Know about the U.S. Defending Apple's European Taxes - The Mac Observer
Apple has an interesting—and powerful—ally in an ongoing feud with the European Commission (EC). The U.S. Treasury Department published a white paper Wednesday that condemed EC investigations into Apple and other U.S. companies’ tax practices. Here’s what you need to know about the situation: Apple and other multinationals use “transfer pricing,” business structure that shift …