The European Commission will rule against Ireland’s tax dealings with Apple AAPL -0.11% on Tuesday, sources familiar with the decision told Reuters, one of whom said Dublin would be told to recoup over 1 billion euros in back taxes.
Commissioner Margrethe Vestager will hold a news conference on an antitrust case at noon (10:00 GMT) in Brussels. Though the subject of the case was not given, she was expected to detail her verdict on why a deal that encouraged the U.S. tech giant to route vast profits through Ireland had breached EU state aid laws barring governments giving some firms unfair advantages.
