A day after Christmas, shares of Apple Inc. are taking a tumble…
Tag: corporate taxes
Apple and suppliers shares drop on report of weak iPhone X demand
U.S. stocks were set to o…pen lower on Tuesday in thin trading volume following the Christmas holiday
Apple expected to repatriate $214 billion to the U.S.; expect increased buybacks and dividends, not big acquisitions
With the new tax structure we expect Apple will bring $214 billion back to the U.S…
How Apple will win (and lose) under President Trump’s tax cuts
The Republican tax bill now awaiting President Trump’s signature has two major pieces of good news for Apple…
Apple notches big league win with U.S. Republican tax cuts, but faces snag with taxes on foreign patents
The U.S. Republican tax overhaul passed by Congress this week will allow Apple Inc. to bring back its $252.3 billion…
Congressional Republicans deliver epic overhaul of U.S. tax laws to President Donald Trump
The House overcame a final hurdle by voting Wednesday to approve a sweeping overhaul of the nation’s tax code…
Republican-controlled U.S. Congress poised to approve biggest tax system overhaul in 30 years
There is little standing in the way of the Republican party’s first major legislative triumph under President Donald Trump…
Holiday spending on track to be highest in at least 12 years
Buoyant American attitudes on the economy look set to show up in plentiful, record-setting holiday spending…
Dow rises 5,000 points in a year for the first time ever
The Dow Jones industrial average just did something it has never done in its 121-year history…
U.S. economic optimism soars
A near record number expect the economy to improve in the next year causing President Trump’s approval rating to jump…
GOP tax cut plan sets 15.5% repatriation rate on offshore cash; 8% if invested in plants and equipment
The top tax rate that U.S. companies would pay on an estimated $3.1 trillion in earnings…
EU court rejects U.S. government intervention in Apple’s Irish $15 billion tax case
Europe’s second-highest court has rejected a request from the U.S. government to intervene…
GOP eyes taking bigger bite from Apple, others holding cash overseas to seal President Trump’s tax cuts
Republican tax negotiators, aiming to finalize their nearly $1.5 trillion in tax cuts on Friday…
Apple of Cork’s eye – inside the tech giant’s Irish operations
Apple recently invited a small group of national journalists to visit its European Headquarters in Cork, Ireland…
Finisar deal helps Apple block Android rivals’ path to AR features
Apple Inc’s million deal with chip supplier Finisar Corp announced on Wednesday helps lock in…
Apple makes Trump-friendly investment in Finisar
Apple’s $390 million may go further than many think…
Apple is backing up iPhone X’s Face ID and AirPods with American jobs
In May, Apple pledged $200 million to glass manufacturer Corning…
How Apple and Finisar are transforming the future of Sherman, Texas
The 700,000-square-foot plant expects to begin shipping in the second half of 2018, and its output will make Sherman the VCSEL capital of the US…
Apple awards $390 million to VCSEL-maker Finisar; award will create 500 high-skill jobs at Sherman, Texas facility
VCSELs power some of Apple’s most popular new features, including Face ID, Animoji and Portrait mode selfies made possible with the iPhone X TrueDepth camera, as well as the proximity-sensing capabilities of AirPods…
The end to Apple’s cash dilemma
In fiscal 2017, Apple’s $50 billion of free cash flow was $2 billion more than free cash produced by Alphabet, Facebook, and Amazon combined…
U.S. employment jumps more than expected in November, boosts U.S. stocks
A stronger-than-expected pickup in U.S. hiring boosted stocks Friday…
Apple could be biggest beneficiary of Republican tax reform plans, saving at least $47 billion
Apple will see as much as $47 billion slashed from its expected tax liability if Republicans push through their current tax plan, a figure that exceeds the annual profits of any other US company…
European Commission forces Ireland to collect €13 billion tax clawback
Ireland is to comply with a European Commission order to collect a disputed €13 billion tax bill from Apple…
Dow soars 203 points higher to record as Wall Street cheers U.S. Senate passage of major tax bill
U.S. stocks traded sharply higher on Monday as investor sentiment was boosted the Senate…
Ireland expects Apple tax clawback in escrow account in first quarter 2018
Ireland expects iPhone maker Apple to start paying up to 13 billion euros…
Dow and S&P 500 hit all-time highs as chance of passing U.S. tax reform bill increases
Tax reform was one of President Trump’s main talking points during his campaign last year…
U.S. third-quarter GDP revised to three-year high of 3.3%
The U.S. economy’s growth rate last quarter was revised upward to the fastest in three years on stronger investment…
Ireland expects progress in Apple tax clawback in coming weeks
Ireland expects to make progress in recovering up to 13 billion euros…
Goldman Sachs sees U.S. unemployment rate hitting lowest level since the late-1960s
The U.S. economy is heading into 2018 with strong momentum that’s likely to boost wages…
Apple holds on to tax billions as Ireland set to miss deadline
The Irish debt office is hiring custodians and investment managers for the estimated 13 billion euros ($15.3 billion) in…
Oracle joins Apple in support of President Trump’s tax repatriation plan
Oracle’s co-chief executive Mark Hurd has pledged support to any tax change that allows the company…
‘Paradise Papers’ leak reveals how the rich use tax havens, from Apple Inc. to Bono to Queen Elizabeth
“The ‘Paradise Papers’ leak has put a spotlight on how the rich use offshore tax havens…
American consumer confidence soars to highest level since December 2000
American consumer confidence increased to its highest level in almost 17 years…
Apple CEO Cook in Paris to meet French president Macron amid calls for tech taxes
Apple Inc. Chief Executive Officer Tim Cook is in Paris to meet Emmanuel Macron…
U.S. tech firms like Apple and Amazon pose ‘huge’ tax challenge for France
An initiative to impose an ‘equalization tax’ for tech companies across the EU…
EU sues Ireland over $15.3 billion tax clawback from Apple
Ireland is being sued by the European Union authorities for failing to collect a year-old bill…
President Trump’s tax plan aims new foreign tax at Apple, other multinationals
President Donald Trump and congressional Republicans proposed a little-noticed, brand-new tax that may hit companies like Apple Inc…
President Trump’s tax cuts could be YUGE for Apple
Tax cuts proposed by President Donald Trump and the Republicans could be huge…
GOP tax plan calls for cutting the corporate tax rate from 35 percent to 20 percent
President Donald Trump and congressional Republicans are proposing a tax plan that they say will be simple and fair…
NTMA extends Apple multi-billion euro tax fund deadline
The National Treasury Management Agency has extended the deadline on a tender process…
Goldman Sachs sees $1 trillion in U.S. tax cuts coming
Goldman Sachs economists say it’s more likely Congress approves tax cuts by…
Apple sells $5 billion of debt to finance buybacks and dividends
Apple Inc. sold bonds again to finance its current round of share buybacks and dividends…
