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Apple probed over 'billion-euro fraud' in Italy

'Suspected of underestimating taxable income'

13 November, 16:42
Apple probed over 'billion-euro fraud' in Italy (ANSA) - Milan, November 13 - Milan prosecutors are investigating computer hardware giant Apple for alleged fraud of some one billion euros, judicial sources said Wednesday. The California-based corporation is believed to be suspected of underestimating its taxable income from 2010 to 2011.

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