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Tag: corporate taxes

Apple could get hit with employer tax in Cupertino

Monday, May 21, 2018 3:55 pmMonday, May 21, 201828 Comments

Cupertino is exploring a tax on Apple and other companies based on the size of their workforce…

Apple $1.8 billion tax arrears payment eases EU pressure on Ireland

Friday, May 18, 2018 8:58 amFriday, May 18, 20184 Comments

European authorities indicated they are open to dropping a case against Ireland…

Apple to fight EU Irish tax clawback without U.S. support role

Thursday, May 17, 2018 4:00 pmThursday, May 17, 20183 Comments

The U.S. lost a bid to help Apple Inc.’s court fight against the European Union’s order to pay Ireland…

Apple’s corporate debt holdings drop for first time since 2013

Friday, May 4, 2018 2:56 pmFriday, May 4, 20185 Comments

A whale in the corporate bond market is going on a diet…

Amazon suspends construction in Seattle while the city considers a new per-employee tax

Wednesday, May 2, 2018 4:01 pmWednesday, May 2, 201848 Comments

Amazon is suspending plans to add 7,000 to 8,000 jobs in 1 million square feet of new office space…

Investors look to Apple’s cash, services as analysts fret over iPhone unit sales

Tuesday, May 1, 2018 1:30 pmTuesday, May 1, 20183 Comments

Apple Inc’s multi-hundred billion cash stockpile and stalling growth in services such as iCloud present…

Ireland, Apple appeal over EU tax clawback gets timeframe

Tuesday, April 24, 2018 12:02 pm8 Comments

An appeal by Apple and Ireland against a European Union ruling for the U.S. firm to pay 13 billion euros ($16 billion) in disputed taxes…

Apple owns a two-year lead over Android imitators in 3D sensing race

Tuesday, March 20, 2018 9:30 am7 Comments

Most Android phones will have to wait until 2019 to duplicate the 3D sensing feature behind Apple’s TrueDepth system…

Apple’s Irish tax billions said guarded by Bank of New York

Monday, March 5, 2018 11:00 amMonday, March 5, 201811 Comments

Bank of New York Mellon Corp. won a contract to be custodian for as much as 13 billion euros…

EU says Ireland’s Apple complaint will only be dropped if it takes the full $16 billion in tax clawbacks

Tuesday, February 27, 2018 12:03 pmTuesday, February 27, 201822 Comments

The European Commission will withdraw its complaint against Ireland for not recovering 13 billion euros…

French court denies Apple injunction against tax protestors in stores

Friday, February 23, 2018 3:40 pm8 Comments

The High Court of Paris on Friday denied Apple’s request for an injunction that would have blocked activist group Attac…

Dow and S&P 500 close higher on upbeat U.S. labor market data

Thursday, February 22, 2018 5:02 pm1 Comment

Apple shares are now up more than 2% over the last five trading days, moving the company back into the green on the year…

Ireland expects final disputed Apple bill remaining around $16 billion

Thursday, February 22, 2018 3:27 pmThursday, February 22, 201817 Comments

Ireland expects the final disputed tax bill that the European Commission ordered…

UBS: How Apple could get to zero net cash

Wednesday, February 14, 2018 3:55 pmWednesday, February 14, 201811 Comments

Apple Inc. has an enormous pile of cash — about $163 billion, to be exact…

President Trump highlights Apple in first State of the Union speech

Wednesday, January 31, 2018 4:46 pm140 Comments

In President Trump’s first State of the Union speech Tuesday night…

Apple Australia almost doubled pre-tax profit during fiscal 2017

Monday, January 29, 2018 9:27 amMonday, January 29, 2018No Comments

Apple Australia increased its pre-tax profit to AU$255 million for the financial year…

Apple has eight years to pay $38 billion U.S. tax bill – with no interest or penalties

Thursday, January 25, 2018 10:34 amThursday, January 25, 201814 Comments

The eye-popping $38 billion tax bill that Apple Inc. said it plans to pay…

What Apple will likely do with their repatriated $207 billion

Monday, January 22, 2018 9:27 amMonday, January 22, 20189 Comments

When you go through where Apple could spend an estimated net of $207 billion…

How Tim Cook’s ‘Trump strategy’ made Apple a killer stock

Friday, January 19, 2018 4:26 pmFriday, January 19, 201825 Comments

In case you haven’t noticed, Apple’s stock is up a mind-blowing 50% over the past 12 months…

What Apple could buy with all its cash

Friday, January 19, 2018 12:01 pmFriday, January 19, 201819 Comments

Apple has typically not made large acquisitions…

President Trump personally calls Apple CEO Cook, thanks him for $350 billion investment pledge

Friday, January 19, 2018 9:57 amFriday, January 19, 201889 Comments

President Donald Trump said Thursday he personally called Apple CEO Tim Cook to thank him…

Here’s what Wall Street thinks of Apple’s cash repatriation plan

Thursday, January 18, 2018 2:52 pm10 Comments

Returning its overseas cash could net Apple Inc. $207 billion after taxes, according to an estimate…

Why a record $38 billion U.S. tax payment is a good deal for Apple

Thursday, January 18, 2018 1:36 pm6 Comments

Apple has faced mounting criticism in recent years for avoiding taxes in the US and Europe…

‘We want to help America,’ Apple CEO Tim Cook says of moving foreign money back to the U.S.

Thursday, January 18, 2018 10:44 am49 Comments

In an ABC News exclusive interview with Apple CEO Tim Cook…

Apple to build new U.S. campus, pay record $38 billion repatriation tax

Thursday, January 18, 2018 9:55 amThursday, January 18, 201827 Comments

Apple’s $38 billion tax commitment is the largest such sum announced in response to the major overhaul of the U.S. tax code that President Donald Trump signed into law…

Apple gives employees $2,500 bonuses after President Trump signed the GOP’s Tax Cuts and Jobs Act

Wednesday, January 17, 2018 6:12 pmWednesday, January 17, 2018160 Comments

Apple Inc. told employees Wednesday that it’s issuing a bonus of $2,500 worth of restricted stock units…

Looks like Apple is bringing nearly all of its $250 billion foreign cash back home to America

Wednesday, January 17, 2018 4:00 pmWednesday, January 17, 201850 Comments

Apple, already the largest US taxpayer, anticipates repatriation tax payments of approximately $38 billion…

Apple plans to add $350 billion to U.S. economy and create over 20,000 new jobs over next 5 years, pay $38 billion in repatriated taxes, the largest ever made

Wednesday, January 17, 2018 2:00 pmWednesday, January 17, 201856 Comments

Apple is increasing the size of their Advanced Manufacturing Fund from $1 billion to $5 billion…

Apple expected to issue less debt in 2018 now that President Trump has signed the Tax Cuts and Jobs Act

Tuesday, January 16, 2018 4:55 pmTuesday, January 16, 201823 Comments

We expect IG tech issuance to be down year-over-year for the first time in about eight years…

U.S Treasury: 90% of U.S. workers likely to see more money in take-home pay next month

Saturday, January 13, 2018 12:56 pm115 Comments

The U.S. Treasury and the IRS on Thursday put out new guidance and withholding tables for employers…

U.S. sees strongest holiday sales since 2010

Friday, January 12, 2018 5:26 pm56 Comments

Growing wages, stronger employment and higher confidence led consumers to spend more than had been expected…

Apple shares poised to gain 14%, defying skeptics

Friday, January 12, 2018 12:00 pmFriday, January 12, 20185 Comments

One would think that with all the negative commentary floating around…

Apple could get a $4 billion boost from U.S. tax-law loophole

Thursday, January 11, 2018 11:33 amThursday, January 11, 201818 Comments

Companies that stockpiled trillions of dollars offshore free of U.S. income tax…

Why would any shareholder complain about Apple using repatriated funds for buybacks?

Wednesday, January 10, 2018 4:45 pmWednesday, January 10, 201833 Comments

Sure, many of the leaders from Silicon Valley won’t experience a massive tax break…

Apple sues French tax activists who occupied Paris retail store

Thursday, January 4, 2018 4:13 pm17 Comments

Apple has filed a lawsuit against the Attac activist group after about 100 of its supporters…

U.S. job-cut announcements hit lowest level since 1990

Thursday, January 4, 2018 10:11 am102 Comments

The passage of the tax bill has prompted unprecedented hiring plans for 2018…

Reports of Apple cutting iPhone X orders make no sense

Tuesday, January 2, 2018 9:27 amTuesday, January 2, 20182 Comments

The doom-and-gloom claims that captured a lot of media attention last week…

China offers tax incentives to persuade U.S. companies like Apple to stay

Thursday, December 28, 2017 3:25 pmThursday, December 28, 20179 Comments

In a bid to keep American businesses from taking their profits out of China following Washington’s overhaul of the United States tax code…

The strange case of the curious iPhone X production cut claims

Wednesday, December 27, 2017 3:15 pmWednesday, December 27, 201710 Comments

To put this all in perspective, consider the time when published reports indicated…

Apple finally got its long-sought tax break to bring billions home. Your move Apple…

Wednesday, December 27, 2017 11:44 amWednesday, December 27, 201729 Comments

For years, Apple CEO Tim Cook has called on Washington to make it less costly for his company…

Wall Street slips on tech sector weakness, report of soft iPhone X demand

Tuesday, December 26, 2017 4:31 pm8 Comments

U.S. stocks declined on Tuesday as Apple and shares of its parts suppliers weakened…

Rosenblatt analyst: There’s no evidence of iPhone X production cuts

Tuesday, December 26, 2017 3:03 pmTuesday, December 26, 20178 Comments

Contrary to supply chain speculation, production of the iPhone X remains right…

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