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EU orders Apple to pay EUR 13 billion in additional tax

2016-08-30 11:59:00| Telecompaper Headlines

(Telecompaper) The European Commission has ordered Ireland to recover EUR 13 billion in taxes from Apple, after concluding that the country gave the company an unfair tax advantage over other businesses. The advance tax rulings granted by the Irish government for Apple's European headquarters in the country helped Apple lower its tax rate on European profits to as little as 0.005 percent in 2014. The Commission's investigation, started in June 2014, covers the period going back to 1991. The selective tax treatment of Apple in Ireland was found to be illegal under EU state aid rules. Ireland has said it plans to appeal the decision.

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US Ag Exports Expected to Rise by $6 Billion in 2017

2016-08-30 02:00:00| ThePigSite - Industry News

US - US agricultural exports are expected to rise in 2017 from 2016 levels, largely due to higher exports of oilseeds and products, horticultural products, cotton, and livestock, dairy, and poultry.

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Mexicos $24 Billion Recycling Opportunity

2016-08-29 20:45:00| Waste Age

Although there is a $24 billion opportunity in the recycling industry in Mexico, there are not enough opportunities.

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Falcons Close Financing on New $1.5 Billion Football Stadium

2016-08-29 18:41:00| National Real Estate Investor

Eben Novy-Williams The Atlanta Falcons have closed financing on their new $1.5 billion stadium a year earlier than executives originally projected. read more

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Blackstone Said to Buy Alectas U.S. Properties for $1.8 Billion

2016-08-29 16:26:00| National Real Estate Investor

Hui-yong Yu Blackstone Group LP is in a $1.8 billion deal to buy the U.S. real estate assets of Alecta, the Swedish pension manager that is seeking to exit investments that dont fit with its strategy, according to a person with knowledge of the transaction. read more

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