In a striking illustration of how corporate tax structures and long-running legal battles can reshape national revenues, Apple paid Ireland…
Tag: corporate taxes
Apple urges India to overhaul tax rules hampering its growth
Apple is pressing India’s government to revise its income tax rules, aiming to dodge taxes on the premium iPhone manufacturing equipment…
Apple, Tesla will pay higher U.S. taxes under President Trump, says Howard Lutnick
A second Trump presidency would limit monopoly providers, make permanent the 2017 tax cuts, and encourage people to build and make…
Ireland didn’t want the EU’s €13 billion tax grab from Apple, but it’ll spend it
Ireland now needs to figure out how to spend an almost €13.8 billion ($15.2 billion) European Commission tax grab that Apple was ordered…
Apple loses court fight over EU’s $14.4 billion Irish tax grab
Apple has lost a EU court fight over a €13 billion ($14.4 billion) Irish tax grab. The EU’s Court of Justice in Luxembourg backed a 2016…
What President Trump told Apple CEO Tim Cook and 80+ other CEOs in their private meeting
On June 13th, former U.S. President Donald Trump huddled with Apple CEO Tim Cook and at least 80 other CEOs to discuss how taxes are…
Apple to hike App Store prices in several countries
Apple said on Monday prices of apps and in-app purchases on its App Store will increase in several countries including Japan, Malaysia and…
In bid to overturn $15.7 billion Apple tax verdict, EU claims court made errors
EU antitrust bureaucrats have claimed a court made legal errors when it scrapped their 13 billion euro ($15.7B) Apple tax grab in Ireland…
Fears of new trade war as U.S. slams India, Italy, Turkey on ‘unreasonable’ digital taxes
Digital services taxes adopted by India, Italy and Turkey discriminate against U.S. companies and are inconsistent with international tax …
Apple: ‘We have always abided by the law in Ireland,’ as EU appeals tax grab loss
On Friday, Apple said it has always complied with Irish tax laws and that the issue which led to an EU tax order of 13 billion euros…
Apple court triumph forces tough choice for Vestager’s EU tax crusade
Apple’s July court triumph over a massive European Union tax grab is forcing antitrust chief Margrethe Vestager to make a tough choice…
Analyst: Tax hike under Biden poses bigger threat to tech than antitrust hearings
The real threat facing the tech firms comes not from lawmakers now, but from higher taxes later if Joe Biden prevails against President Trump…
Apple wins fight over $14.9 billion tax grab in blow to EU
Apple won its court fight over a record $14.9 billion Irish tax grab in a crushing blow to EU Competition Commissioner Margrethe Vestager…
U.S. to suspend retaliation contingent on France suspending digital tax
The Trump administration will announce actions against France over its digital services tax but will defer them while France defers tax collections from…
Ruling in EU’s Apple tax grab case due on July 15th
The European Union’s second highest court will next week rule in an appeal by Apple and Ireland against an EU ruling for the U.S. company to pay a tax of…
France vows to impose digital tax this year, Trump may retaliate with tariffs
On Thursday, French finance minister Bruno Le Maire vowed that France will tax big digital businesses this year whether there is progress or not…
Irish prime minister: Ireland cannot tap Apple tax fund to fight coronavirus
Irish PM Leo Varadkar said on Monday that Ireland cannot use the more than 14 billion euros (US$15.1 billion) in disputed taxes it has collected from Apple
Governments ‘moving fast’ to rewrite international tax rules
After talks this week in Paris, the OECD said on Friday that nearly 140 governments have agreed to launch a rewrite of decades-old international tax rules…
Apple reduces massive bill for back taxes the EU claims it must pay Ireland
According to regulatory filings, Apple reduced a massive back tax bill it must pay Ireland after other governments claimed a slice of the payment last year…
Apple CEO Tim Cook: Global corporate tax system must be overhauled
In Ireland on Monday, Apple CEO Tim Cook backed changes to the global corporate tax system, agreeing with the general consensus…
Italy to institute a ‘web tax’ on Apple and all digital companies
Italy is readying a new tax on digital companies in its 2020 budget that will oblige multinational web-based giants to pay a 3% levy on internet transactions…
Starbucks wins, Fiat loses, Apple kept guessing in EU tax grab rulings
Starbucks Corp. won a court fight and a Fiat Chrysler Automobiles NV unit lost one over European Union tax orders in decisions…
Apple may get clues about its chances of winning tax case of the century
Apple has been arguing its case at the European Union’s General Court to topple a record 13 billion-euro ($14.3 billion) EU tax order…
Apple and Ireland blast European Commission’s ‘fairy story’ behind $14 billion EU tax grab
Apple accused the European Commission of misunderstanding its business on day two of the iPhone maker’s appeal against a $14 billion tax order…
Apple slams EU as epic court battle over $14 billion tax clawback commences
Lawyers for the world’s biggest company faced EU officials in the Luxembourg court, challenging a decision that CEO Tim Cook slammed at the time as “total political crap” with no basis in law…
Apple says $14 billion EU tax clawback ‘defies reality and common sense’
Apple is appealing to Europe’s second highest court to overturn the European Commission’s 2016 ruling that it pay the record sum of over 13 billion euros to Ireland…
Apple takes fight against $14.4 billion EU tax grab to court
Apple is expected to send a six-man delegation headed by Chief Financial Officer Luca Maestri to the two-day court hearing…
Apple to fight EU’s $14 billion tax grab in European court next month
Since 2016, both Apple and Ireland have been denying the merit of the European Union’s tax clawback…
Ireland invests disputed Apple taxes in low-risk bonds
Ireland’s debt agency has invested disputed taxes collected from Apple in low risk, highly rated euro-dominated fixed income securities…
Apple spends a record $23.8B buying back its own shares — and saves cash in the process
Apple again led S&P 500 companies in buybacks, spending a new record $23.8 billion in Q1…
G20 agrees deadline for global tax crackdown on tech giants like Apple
The G20 has set a deadline for a two-prong tax crackdown on tech giants, which could hit companies like Apple…
Apple offers $9.7 million for transportation projects in Cupertino
Apple is offering to spend $9.7 million on five bike and pedestrian-oriented transportation projects…
Apple agrees to pay back-dated taxes to France
Apple said it had reached a deal with France to pay…
Second term unlikely for EU commissioner Margrethe Vestager
European Commissioner Margrethe Vestager, a former leader of a political party…
Apple pays €14.3 billion Irish tax bill amid ongoing appeal over EU tax grab
Ireland has collected €14.3bn in disputed back taxes and interest from Apple….
Prompted by U.S. tax cuts, Apple and others dump bonds and create $300 billion market hole
As U.S. tax cuts prompt Apple Inc. and other tech companies to bring home their overseas cash hoards…
Cupertino’s flirtation with an employer tax on Apple dies a quick, unanimous death
Cupertino’s brief second flirtation with putting an Apple Inc.-targeted business tax on the November ballot…
Apple takes issue with Cupertino’s proposed employer tax grab
Apple is not too pleased with a new employer tax proposal…
How Apple easily circumvented EU Competition Commissioner Margarethe Vestager’s tax grab
In August 2016, European Union Competition Commissioner Margrethe Vestager told Ireland to claw back 13 billion euros…
Despite EU tax grab and loss of Athenry data center, Tim Cook reaffirms Apple’s commitment to Ireland
Honestly speaking, we didn’t come to Ireland for tax. We came to Ireland in 1980 because…
Cupertino’s ‘Apple employee tax’ put off for a year; voters will instead weigh in during 2019 special election
Cupertino elected officials have scrapped a controversial plan…
Apple declines invite to EU hearing, cites appeal against EU tax clawback
iPhone maker Apple has turned down an invitation to an EU lawmakers’ hearing…
