Don't Hold Your Breath in Apple Tax Probe, EU's Vestager Says
- Speed less important than quality of analysis, she says
- EU examining whether companies were handed unfair tax deals
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European Union competition chief Margrethe Vestagertempered expectations of a speedy ruling on Apple Inc.’s tax affairs in Ireland.
“Don’t hold your breath,” she told reporters in Brussels on Monday about the timing of decisions targeting Apple and online shopping giant Amazon.com Inc, whose tax affairs in Luxembourg are also under intense scrutiny. “I’m just warning you.”