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Tag: European Commission

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…

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…

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…

Facebook begins tracking non-users around the internet

Friday, May 27, 2016 1:02 pm12 Comments

Facebook will now display ads to web users who are not members of its social network…

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…

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…

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…

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…

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…

EU’s plans to tackle corporate tax avoidance hits first roadblocks

Friday, February 12, 2016 10:01 amFriday, February 12, 20165 Comments

New rules to tackle multinationals’ tax avoidance should not go beyond the scope of international guidelines…

U.S. Treasury official to meet EU antitrust team over Apple tax deals

Friday, January 29, 2016 9:10 am12 Comments

A senior U.S. Treasury official will meet European Union antitrust officials investigating tax deals…

Apple and Google stand by Europe tax deals; Rupert Murdoch weighs in

Wednesday, January 27, 2016 4:22 pm23 Comments

Google and Apple have fought back in the row over the big tech groups’ tax regimes…

Apple could trigger global tax war, potential breakdown of the international tax system

Wednesday, January 27, 2016 2:44 pmWednesday, January 27, 201631 Comments

Apple could soon be instructed to pay billions, triggering a showdown between Europe and the US and a potential breakdown of the international tax system…

Apple CEO Cook lobbies EU antitrust chief over Irish back taxes

Thursday, January 21, 2016 3:43 pm16 Comments

Apple boss Tim Cook made a surprise visit to Brussels on Thursday to lobby the EU’s antitrust chief…

Ireland’s Sinn Fein party will pursue Apple if EU finds company owes back taxes

Thursday, January 21, 2016 2:26 pm3 Comments

Sinn Fein may pursue Apple for the taxes it could owe Ireland should the European Commission find against the company and the government in an ongoing probe…

Think Ireland’s corporate tax is unfair? Wave goodbye to Apple and thousands of jobs if it’s changed

Saturday, November 14, 2015 2:30 pmSaturday, November 14, 201545 Comments

It is fascinating to watch left wing ideologues and simple minded idiots (though I repeat myself) gleefully call for the Irish nation…

Apple announces 1,000 new jobs in Ireland as EU tax ruling nears

Wednesday, November 11, 2015 3:56 pmWednesday, November 11, 201511 Comments

“You can tell by our announcement today, we’re all in,” Chief Executive Tim Cook said…

Carl Icahn’s political campaign could boost value of his Apple holdings

Wednesday, October 21, 2015 4:04 pmWednesday, October 21, 20158 Comments

The plan of Carl Icahn to spend $150 million in campaign money touches on the hottest debate…

EU demands millions in back taxes from Starbucks and Fiat; sets up showdown with Apple

Wednesday, October 21, 2015 8:57 am21 Comments

Starbucks Corp. and a Fiat Chrysler Automobiles NV unit must each pay as much as 30 million euros…

Apple tax probe won’t hurt Ireland, Finance Minister Noonan says

Monday, October 5, 2015 4:55 pmMonday, October 5, 2015No Comments

The findings of a probe into Apple Inc.’s tax affairs in Ireland won’t hurt the country…

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