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Apple's bill to Ireland could rise to €1.6bn
By EUobserver
Ireland could recover another €1.6 billion in lost interest, in addition to the €13 billion of unpaid taxes Apple will have to pay after a European Commission ruling, according to an evaluation by the Bloomberg Intelligence analysis centre. The Bloomberg press agency reports the bill could have increased further had interests rates not "luckily" dropped off. Both Apple and Ireland have appealed the EU commission's verdict.