EU Regulator Signals That Apple Just the Start of Tax Probes
- Competition chief will meet in Washington with Lew, lawmakers
- U.S. business group protests EU’s record Apple tax penalty
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The European Union’s top competition regulator stood by her decision to demand more than $14 billion in tax repayments from Apple Inc. and tweeted that she may investigate other major U.S. companies, ahead of meetings with officials in Washington.
Margrethe Vestager, the EU’s commissioner for competition, on Monday met with U.S. Treasury Secretary Jacob J. Lew; Federal Trade Commission Chairwoman Edith Ramirez; Senator Orrin Hatch of Utah, chairman of the Finance Committee; and other key lawmakers.