EU to launch probe into Apple's Irish tax deal: report

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. Antoine Colombani, a spokesman for competition issues at the Commission, declined to comment on the RTE report. Ireland's finance ministry said it had not been informed of any investigation.

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