Apple hit with $118million tax bill in Japan after funneling money through Ireland

‘Apple’s tax bills continue to mount after yet another multi-million penalty was handed down to an iTunes unit in Japan. A total of $118 million (12 billion yen) is owed after it was found the company was funneling money through Ireland.
After investigating the company, the Tokyo Regional Taxation Bureau found that the royalties earned from fees paid by Apple iTunes subscribers in Japan were withheld from the exchequer, with the money instead channeled through a licensing firm owned by Apple in the Republic of Ireland.’
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