E.U. set to investigate Apple's tax affairs

Jun 11, 2014, 7:22 AM EDT
An Iranian man steps past an Apple logo in a computer shop window along Vali Asr Avenue on December 7, 2013 in Tehran, Iran.
AFP/Getty Images

The European Commission will launch a formal investigation on Wednesday into Apple Inc's tax arrangements in Ireland, Irish state broadcaster RTE reported, without naming its source. The EU's competition authority said last year that it was looking into corporate tax arrangements in several member states and had requested information from Ireland.
Background:
E.U. to probe Apple's tax affairs [BBC]
E.U. to launch probe into Apple's Irish tax deal: report [Reuters]

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