A figure of Apple founder Steve Jobs is seen in a craft shop in Naples, Italy, in this October 7, 2011 photo. REUTERS/Ciro De Luca
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Apple has agreed to pay Italy 318 million euros (about $350 million) in taxes for several past years, prosecutors said Wednesday, part of a broader European effort to make multinationals pay what they owe in each country where they do business.Italy has already brought several cases against global technology companies that have headquarters in low-tax nations like Ireland to avoid paying higher taxes in other countries, like Italy. The EU's 28 states agreed in October to share details of tax deals they reach with big companies to make sure they are fair to other countries.
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