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Tag: corporate taxes

Post-Brexit Britain could benefit greatly from EU’s tax attack on Apple and Ireland

Wednesday, August 31, 2016 10:13 am27 Comments

The European Union’s attack on technology-giant Apple may herald an economic advantage for post-Brexit Britain…

Ryanair CEO Michael O’Leary on Apple tax row: Irish government should tell EU to f**k off

Wednesday, August 31, 2016 9:32 amWednesday, August 31, 201623 Comments

Ryanair boss Michael O’Leary has weighed into the tax dispute between Apple and the European Union…

U.S. taxpayers could end up paying Apple’s bill for back taxes in Ireland

Tuesday, August 30, 2016 3:58 pmTuesday, August 30, 201624 Comments

European authorities have clamped down on a special deal between Apple and Irish tax authorities…

Morningstar: Apple remains fundamentally undervalued after EU tax grab

Tuesday, August 30, 2016 2:31 pmTuesday, August 30, 201610 Comments

We will maintain our $133 fair value estimate for Apple for now, even though the company…

Obama admin worries EU’s Apple decision will cost U.S. taxpayers; Bernie Sanders applauds EU tax demand

Tuesday, August 30, 2016 12:41 pm80 Comments

The White House says the Obama administration is concerned that American taxpayers will ultimately bear…

Ireland doesn’t want Apple’s $14.5 billion in so-called back taxes

Tuesday, August 30, 2016 12:05 pm11 Comments

Apple’s billions in back taxes could cover the entire annual Irish health budget, build about 100,000 homes…

U.S. Treasury: The European Commission’s retroactive tax demands on Apple are unfair

Tuesday, August 30, 2016 10:30 amTuesday, August 30, 201619 Comments

The U.S. Treasury Department said Tuesday it was disappointed with the European Commission seeking to force Apple…

EU demands Apple pay massive $14.5 billion in taxes plus interest

Tuesday, August 30, 2016 10:00 amTuesday, August 30, 201631 Comments

EU antitrust regulators ordered Apple on Tuesday to pay up to 13 billion euros ($14.5 billion) in taxes plus interest…

Apple CFO Maestri: Despite EU tax ruling, we will continue to invest in Ireland

Tuesday, August 30, 2016 9:29 amTuesday, August 30, 20168 Comments

Apple’s chief financial officer Luca Maestri said on Tuesday the iPhone maker’s investment plans in Ireland…

Apple CEO Cook blasts European Commission for ‘ignoring Ireland’s tax laws, upending the international tax system’

Tuesday, August 30, 2016 9:01 amTuesday, August 30, 201671 Comments

Thirty-six years ago, long before introducing iPhone, iPod or even the Mac, Steve Jobs established Apple’s first operations in Europe…

European Commission to rule Ireland’s tax arrangement with Apple illegal

Monday, August 29, 2016 2:07 pmMonday, August 29, 201623 Comments

The European Commission will rule against Ireland’s tax dealings with Apple on Tuesday…

Ireland prepares for a fight with EU over Apple tax clawback

Monday, August 29, 2016 10:02 am29 Comments

Ireland vowed to fight any adverse decision on its tax dealings with Apple Inc. as the European Union…

With next U.S. President, Apple’s cash may soon be on its way home

Thursday, August 25, 2016 5:25 pmThursday, August 25, 201679 Comments

Apple currently has an estimated $215 billion in cash held outside the borders of the United States…

U.S. government warns EU: Do not hit Apple with a massive back tax bill – or else

Thursday, August 25, 2016 1:27 pmThursday, August 25, 201634 Comments

Stop your tax crackdown on American companies or be prepared to suffer the consequences…

European Commission denies anti-U.S. bias after U.S. Treasury intervention over Apple, Amazon tax probes

Thursday, August 25, 2016 9:28 amThursday, August 25, 201613 Comments

The European Commission has hit back at U.S. concerns about competition probes into transfer-pricing arrangements…

U.S. v. Apple – the looming trial of the century?

Friday, August 19, 2016 1:55 pmFriday, August 19, 201615 Comments

The US Federal Trade Commission launched an investigation into Apple…

Nobel-Winning Economist: Apple’s Irish tax arrangement is a ‘fraud’

Monday, August 1, 2016 10:28 amMonday, August 1, 201621 Comments

Joseph Stiglitz, an economic professor at Columbia University and 2001 recipient of the Nobel Memorial Prize in Economic Sciences…

Apple’s App Store anti-competitive? Spotify and Elizabeth Warren think so

Friday, July 15, 2016 10:34 am21 Comments

Late last month, Apple streaming music rival Spotify accused Apple of anti-competitive behavior for rejecting…

Irish finance minister: EU points to autumn decision in Apple tax probe

Wednesday, July 13, 2016 1:59 pmWednesday, July 13, 20167 Comments

The European Union’s antitrust chief has indicated that it will likely reach a decision…

EU regulators near end of Apple inquiry, drag out Google probe

Tuesday, July 12, 2016 3:34 pm2 Comments

European regulators appear to be wrapping up their investigation of Apple, but their inquiry…

U.S. Treasury Chief Lew set for Apple corporate tax showdown with EU

Monday, July 11, 2016 4:25 pmMonday, July 11, 201618 Comments

U.S. Treasury Secretary Jacob J. Lew is set to meet with European Union antitrust chief Margrethe Vestager…

Elizabeth Warren accuses Apple of monopolistic-like actions; Spotify concurs

Wednesday, June 29, 2016 10:08 pmWednesday, June 29, 201644 Comments

Following Nancy Pelosi’s ‘poor Tim’ comment earlier this week, Apple today is again the target of yet another politician…

Apple CEO Tim Cook has billions of reasons to raise money for the GOP

Wednesday, June 29, 2016 12:00 pmWednesday, June 29, 201626 Comments

Apple CEO Tim Cook’s fundraising breakfast for House Speaker Paul Ryan on Tuesday was the talk of Silicon Valley…

French telecom chief: Brexit a chance to ease ‘suicidal’ EU antitrust policy

Wednesday, June 29, 2016 10:29 amWednesday, June 29, 201614 Comments

Britain’s vote last week to leave the European Union is an opportunity to ease off on the bloc’s…

How Brexit is already impacting Apple

Tuesday, June 28, 2016 11:25 amTuesday, June 28, 20167 Comments

Apple has big challenges and some opportunities following the UK ‘Brexit’ decision to exit EU…

Apple and Brexit: Britain could replace Ireland for international HQ

Monday, June 27, 2016 2:01 pmMonday, June 27, 201632 Comments

Apple can move its international headquarters from Ireland to the UK, and be assured of being out from under the thumb of EU regulation…

Apple tax probe verdict may come next month Irish Finance Minister Noonan says

Thursday, June 16, 2016 9:02 am9 Comments

The European Commission may deliver its verdict on Apple Inc.’s tax arrangements in Ireland as soon as…

Irish wonder what to do with Apple tax if EU orders a clawback

Wednesday, June 8, 2016 12:01 pmWednesday, June 8, 201618 Comments

Government officials warned Finance Minister Michael Noonan that he would face two crucial questions upon delivery of a ruling…

China imposes fines Apple 50,000 yuan ($7,595) for ‘serious dishonest acts’

Friday, June 3, 2016 12:01 pmFriday, June 3, 201614 Comments

Apple Inc.’s China branch has been fined 50,000 yuan ($7,595) as a company with ‘serious dishonest acts’ for suspected…

Google’s Paris office raided in French tax evasion probe

Tuesday, May 24, 2016 11:25 amTuesday, May 24, 201617 Comments

French investigators raided Google’s Paris headquarters on Tuesday as part of a tax evasion inquiry…

EU lays down the law on corporate tax deals as Apple probe continues

Thursday, May 19, 2016 1:30 pm19 Comments

The European Union, locked in a tax battle with the likes of Apple Inc…

Woz thinks Apple should pay 50% tax – but, Woz, it already does

Friday, April 22, 2016 10:31 am28 Comments

That Steve Wozniak is a truly gifted engineer is one of those things which I think he has proven over the years…

Apple cash move will not end EU tax probe

Monday, April 11, 2016 10:57 amMonday, April 11, 201620 Comments

With presidential candidates including Donald Trump advocating a one-off mandatory levy at a reduced rate to encourage…

Andy Fastow compares Apple to Enron

Saturday, April 9, 2016 12:19 pm64 Comments

Enron has been pretty much synonymous with fraudulent accounting, scandal, and plain bad business…

Analyst: Apple investors unconcerned about potential EU tax bill

Tuesday, April 5, 2016 9:37 am14 Comments

Piper Jaffray’s Gene Munster today contemplates the prospect Apple might…

Apple’s tax affairs spark a transatlantic showdown

Monday, April 4, 2016 4:55 pmMonday, April 4, 201617 Comments

On January 21, Apple’s chief executive, Tim Cook, made a personal appeal to Margrethe Vestager in Brussels…

Apple raises billions in debt market while some are left in cold

Friday, March 18, 2016 4:28 pmFriday, March 18, 20162 Comments

Apple Inc. sold $3.5 billion of bonds on Thursday just one month after issuing $12 billion of debt…

European Union regulators want more info on Apple’s Irish tax deal

Thursday, March 17, 2016 9:28 amThursday, March 17, 20166 Comments

European Union antitrust regulators have asked Ireland to provide further details on the country’s tax deal…

Apple tells EU tax panel it ‘pays every cent’ due in Ireland

Tuesday, March 15, 2016 5:01 pmTuesday, March 15, 201615 Comments

Apple Inc., facing a European Union probe into its fiscal affairs in Ireland, told a panel of EU lawmakers that it pays all taxes due…

Don’t hold your breath in Apple tax probe, EU’s Vestager says

Monday, March 7, 2016 3:30 pmMonday, March 7, 20162 Comments

European Union competition chief Margarethe Vestager tempered expectations of a speedy ruling on Apple Inc.’s tax affairs in Ireland…

Apple files to sell debt due from 2018-2046

Tuesday, February 16, 2016 4:00 pm9 Comments

Apple Inc. is selling $12 billion of bonds to return capital to shareholders in the second-largest corporate debt offering in the U.S. this year…

U.S. demands EU reconsider tax probes of its companies

Friday, February 12, 2016 10:24 amMonday, April 4, 201614 Comments

U.S. Treasury Secretary Jack Lew called on the European Union to reconsider tax probes targeting U.S. companies…

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