Apple (AAPL) 'Confident' Italy Unit Will Be Cleared in Tax Probe

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Apple (AAPL) Probed in Italy Over Alleged Tax Evasion

November 13, 2013 11:39 AM EST

Apple (Nasdaq: AAPL) is on watch today following news that the company is being investigated in Milan for alleged tax evasion.

Reuters said Milan claims Apple hid over 1 billion ($1.34 billion) to avoid paying taxes in Italy. An investigation is said to... More