14.11.2013 16:05 Uhr, Quelle: Macworld UK

Italian IRS disputes with Apple for more than a billion euro in subtracted revenues

Like many orher hi-tech corporations, Apple also has come under scrutiny of the italian Internal Revenue Service. Apple allegedly set up trade operations with foreign companies in order to subtract the Italian tax authorities more than a billion Euro.Yesterday the company's headquarters in Piazza San Babila, facing the world famous cathedral of Milan, was searched by men of the financial police (Guardia di Finanza) on the orders of prosecutors Adriano Scudieri and Francesco Greco, seizing computer documents and phone records. They also issued formal notifications of investigation addressed to two Apple Italy's executives, whose name haven't been disclosed yet. The indictment alleges that Apple Italy subtracted to the Italian tax authorities € 206 million Euro in 2010 and more than 853 million Euro in 2011, falsifying records in order to make any investigation difficult to operate. All this would occur by moving the profits from Apple Italy to the company Apple Sales International,

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