Apple, Google owe whopping tax bills due to EU's crackdown on Big Tech

Apple and Google were both handed separate defeats Tuesday in their defenses against the European Union's efforts to rein in the dominance of major tech firms. The EU's top court, the European Court of Justice, sided with the bloc's executive arm, the European Commission (EC), in a case that requires Apple to pay some $14 billion in back taxes to Ireland. The high court also upheld a $2.7 billion fine against Google for alleged antitrust violations.  Ticker Security Last Change Change % AAPL APPLE INC. 220. ...