UPDATE:
EARLIER: The Irish government is in line for a windfall, potentially in the billions of Euros – and will appeal against it. EU competition authorities will on Tuesday rule against Apple for “improperly-designed” tax arrangements covering alleged improper state aid for their activities in Ireland. While Apple will likely appeal, the Irish government is set to do the same, saying its low corporate tax regime has helped it attract multinational companies, who now make up one in ten of all workers in the country.
- There’s a good explainer here from the Irish Independent.
- And one from CNBC here.
- Follow the decision live at The Guardian here.
Meanwhile..
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https://twitter.com/gdebenedetti/status/770568451391885312
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BUSINESS
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SPORTS
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CULTURE
Finally, RIP and thank you, Gene Wilder…
The Overnight Note 