Apple may have to give up $14B-plus escrow account to satisfy EU court

The European Union will issue a "final" ruling -- barring appeals -- on a decades-long dispute over a 2004 tax deal between its own Commission, and Ireland and iPhone maker Apple. At stake is at least 13 billion Euros ($14.5 billion) in possible back taxes. Apple's European headquarters, located in Cork, Ireland. The court case has ramifications for Apple for much of its global business, as the headquarters in Cork, Ireland is Apple's headquarters for all of its non-US commerce. Apple and Irelan...