EU: Apple owes Ireland nearly $15 billion in back taxes

The European Union ruled that Apple pay over $14.5 billion in back taxes to Ireland. More

After uncovering an illegal deal, the European Union ruled that Apple pay over $14.5 billion in back taxes to Ireland. The EU’s antitrust regulator found that the country and the tech giant had made an agreement that allowed Apple to pay less than 1 percent in corporate tax for over a decade. Apple plans to appeal the decision. Hari Sreenivasan speaks with EU Commissioner Margrethe Vestager.

AIR DATE 8/30/16