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Tag: corporate taxes

Softbank to invest $50 billion in the U.S., create 50,000 new tech jobs after meeting with President-elect Trump – and Apple supplier Foxconn is in on the deal

Tuesday, December 6, 2016 10:32 pmTuesday, December 6, 201653 Comments

Softbank’s Masayoshi Son met with President-elect Donald Trump today and announced that he’ll be investing $50 billion dollars in the U.S. that will create 50,000 new tech jobs…

President-elect Trump invites tech leaders to roundtable in Manhattan next week

Tuesday, December 6, 2016 2:29 pmTuesday, December 6, 201622 Comments

Most of Silicon Valley is moving from the ‘surprised and in denial’ phase to accepting the change that’s coming…

Cramer: Why Apple needs to be bigger than iPhone

Monday, December 5, 2016 2:44 pmMonday, December 5, 201616 Comments

Apple could also be affected by changing relations with China under President-elect Donald Trump’s administration…

President-elect Trump meets with Apple board member Al Gore at Trump Tower in Manhattan

Monday, December 5, 2016 1:58 pmMonday, December 5, 201632 Comments

Gore also had an earlier meeting with President-elect Trump’s daughter Ivanka…

Dow hits new all-time high; stocks have been on rip-roaring rally since Trump’s election

Monday, December 5, 2016 1:41 pm14 Comments

U.S. equities kicked off the week trading higher on Monday, unfazed by a key vote in Italy…

Analyst: ‘Apple is about to embark on a decade-long malaise’ or something

Wednesday, November 23, 2016 3:28 pmWednesday, November 23, 201650 Comments

The risks to the company have never been greater…

Apple, FANG stocks stop the bleeding, post-Trump presidential victory

Tuesday, November 15, 2016 5:12 pm5 Comments

With all eyes on them, Apple and the FANG largest tech stocks…

Morgan Stanley: Apple stands to benefit the most from President Trump’s corporate tax plans

Friday, November 11, 2016 5:33 pmFriday, November 11, 201667 Comments

Apple would likely pay $54B less in taxes…

Apple and U.S. President-elect Trump: Can a tax cut for overseas cash heal wounds?

Thursday, November 10, 2016 2:16 pm19 Comments

The good news for Apple Inc. under a Donald Trump presidency is it might finally be able to use its hoard of overseas cash…

Markets surge worldwide, investors exuberant following Trump’s U.S. presidential victory

Thursday, November 10, 2016 12:05 pmThursday, November 10, 201640 Comments

European stocks rose on Thursday following extraordinary gains in Asia and the United States…

Silicon Valley uncertain after Donald Trump wins U.S. presidency

Thursday, November 10, 2016 11:35 amThursday, November 10, 201621 Comments

Donald Trump’s election victory is seen as a blow to Silicon Valley, putting the presidency…

Irish government officially appeals EU’s $14.3 billion tax grab from Apple

Thursday, November 10, 2016 9:27 am2 Comments

The tax battle is likely to drag on for years…

Apple CEO Cook emails employees, calls for unity after Donald Trump presidential win

Thursday, November 10, 2016 9:03 amThursday, November 10, 201636 Comments

Apple CEO Tim Cook broadcast an all-hands memo to U.S. Apple employees Wednesday evening calling for unity…

Markets surge, Dow hits record high after Donald Trump wins U.S. presidency

Wednesday, November 9, 2016 5:40 pmWednesday, November 9, 201641 Comments

U.S. stocks rallied Wednesday, with the Dow industrials jumping 257 points, led by a surge in financial…

Five tech issues to watch under President Trump

Wednesday, November 9, 2016 4:18 pm13 Comments

How might a Donald Trump presidency affect Silicon Valley?

Apple CEO Tim Cook smartly maintained ties to GOP ahead of Trump victory

Wednesday, November 9, 2016 2:25 pmWednesday, November 9, 201622 Comments

Donald Trump had some harsh words for Apple during the campaign, but what will his attitude be toward…

Apple could be able to pay just 10% tax to repatriate overseas profits under President Trump’s plan

Wednesday, November 9, 2016 10:29 am30 Comments

Apple hasn’t exactly seen eye-to-eye with president-elect Donald Trump, but…

Ireland to formally submit appeal on EU’s $14.5 billion Apple tax grab

Tuesday, November 8, 2016 2:01 pmTuesday, November 8, 20165 Comments

Ireland’s government will this week formally submit its appeal against the European Commission’s multi-billion-euro demand…

Made men: An unlikely choice for Apple’s new app academy could boost Italy’s south

Monday, October 17, 2016 5:50 pmMonday, October 17, 20165 Comments

At a bar called ‘University’ in San Giovanni a Teduccio, a rundown suburb of Naples, two blown-up photos…

Ireland to get significant financial boost as Apple shifts assets to Irish shores

Monday, October 17, 2016 11:00 amMonday, October 17, 20163 Comments

Apple have plans to move $9 billion worth of assets to Cork in a move which will have significant benefit…

How Apple could bring overseas cash home to help fix America’s crumbling infrastructure

Thursday, October 6, 2016 3:55 pmThursday, October 6, 201626 Comments

Would U.S. companies holding wads of cash overseas be more likely to bring it home if…

Apple named biggest corporate tax avoider in U.S. after booking $218 billion of profit offshore last year

Tuesday, October 4, 2016 9:16 pmTuesday, October 4, 201650 Comments

Apple has been named as the biggest corporate tax avoider in the United States after booking $218.55 billion…

OECD official says EU Apple ruling not precedent for future tax cases

Monday, September 26, 2016 4:56 pm9 Comments

A multi-billion euro back tax bill handed to Apple by the European Commission should not be seen as a precedent…

Apple’s dearth of European lobbyists kept company out of loop in EC tax decision for two years

Monday, September 26, 2016 9:01 amMonday, September 26, 20166 Comments

Apple Inc. is battling the European Commission’s call to fork over €13 billion…

Ireland’s Finance Minister Noonan: Apple tax appeal may take four years, maybe more

Friday, September 23, 2016 9:54 am9 Comments

Ireland’s Finance Minister Michael Noonan talks about the rise of European populism…

Apple’s EU tax nemesis Margrethe Vestager takes aim at other U.S. companies’ offshore profits

Monday, September 19, 2016 4:01 pmMonday, September 19, 201642 Comments

The European Union official who slapped Apple with a $14.5 billion back tax bill signaled over the weekend…

Apple Japan unit ordered to pay $118 million tax for underreporting income

Friday, September 16, 2016 2:57 pmFriday, September 16, 201612 Comments

An Apple Inc. iTunes unit in Japan was ordered to pay some 12 billion yen…

185 CEOs urge EU to reverse Apple tax demand, calling decision a ‘grievous self-inflicted wound for the EU and its citizens’

Friday, September 16, 2016 2:37 pmFriday, September 16, 201648 Comments

Corporate America’s most powerful chief executives are rallying to Apple’s side in its tax battle with the EU…

The ‘Brexit-Apple’ connection: What in the world was Margrethe Vestager thinking?

Monday, September 12, 2016 10:26 amMonday, September 12, 201619 Comments

Brexit means Brexit, we have now been told; the future’s bright and the UK extracting itself…

EU ministers line up to take tax bites out of Apple

Monday, September 12, 2016 9:04 amMonday, September 12, 201621 Comments

European Union finance ministers are lining up to get a slice of Apple’s tax revenue…

Apple’s pot of gold may shine on reluctant Ireland’s bond market

Tuesday, September 6, 2016 9:57 amTuesday, September 6, 201618 Comments

Apple Inc. is challenging it, Ireland’s government doesn’t want it, but bond investors…

Former EU competition commissioner: Vestager claim that Apple owes back taxes an incorrect use of EU law

Friday, September 2, 2016 12:53 pmFriday, September 2, 201628 Comments

The European Commission rejected criticism from one of its own former antitrust chiefs on Friday…

Apple CEO Cook’s comments on taxes leave many unanswered questions

Friday, September 2, 2016 9:55 amFriday, September 2, 201636 Comments

CEO Tim Cook’s comments to an Irish radio station about Apple’s intentions to repatriate billions of dollars next year…

Irish government to fight EU on Apple tax

Friday, September 2, 2016 9:01 amFriday, September 2, 201616 Comments

Ireland’s cabinet agreed on Friday to join Apple in appealing against a multi-billion-euro back tax demand…

Treasury accuses EU of trying to steal U.S. tax revenues with Apple decision

Thursday, September 1, 2016 5:35 pmThursday, September 1, 201638 Comments

The United States has accused the European Union of grabbing revenue intended for U.S. coffers…

Rush Limbaugh: EU socialism bites Apple

Thursday, September 1, 2016 4:45 pmFriday, September 2, 201649 Comments

It’s just government doing what government does, particularly these clowns in the European Union, who are just inept….

Irish residents opposed to EU’s tax demand of Apple

Thursday, September 1, 2016 2:56 pmThursday, September 1, 20169 Comments

Across Cork, Ireland — where Apple has its European headquarters — residents appear strongly in favor of

U.S. tax code allows for dramatic retaliation against EU overreach in Apple case

Thursday, September 1, 2016 10:27 am19 Comments

U.S. tax law gives the Obama administration power to double tax rates for European companies…

Apple CEO Tim Cook on EU tax demand: ‘No one did anything wrong here and Ireland is being picked on… It is total political crap’

Thursday, September 1, 2016 9:10 amThursday, September 1, 201640 Comments

Apple chief executive Tim Cook has angrily dismissed Brussels’ tax accusations as ‘political crap,’ suggesting that Ireland….

Ireland’s cabinet delays decision on Apple tax appeal

Wednesday, August 31, 2016 1:26 pmWednesday, August 31, 20169 Comments

Ireland’s cabinet could not agree on Wednesday whether to fight a European Commission ruling…

Apple: The European Union’s pointless tax crusade

Wednesday, August 31, 2016 12:55 pmWednesday, August 31, 201612 Comments

Almost certainly, the European Commission will fail in its attempt at retroactive taxation…

Irish cabinet may be given more time to decide on Apple tax appeal

Wednesday, August 31, 2016 10:59 amWednesday, August 31, 20161 Comment

Ireland’s cabinet may be given more time to decide on whether to back the finance minister’s recommendation…

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