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Tag: Ireland

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…

Apple’s huge data center in Ireland hits a snag

Wednesday, February 3, 2016 1:58 pmWednesday, February 3, 20168 Comments

Apple’s plans of building its first data center in Ireland is facing obstacles from locals…

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…

Will any U.S. presidential candidate give Silicon Valley what it wants most?

Tuesday, December 29, 2015 8:29 amTuesday, December 29, 201514 Comments

Apple Inc. Chief Executive Tim Cook is usually even-keeled when he is on stage or doing interviews…

Cramer: Apple’s Tim Cook is ‘patriotic’ on taxes

Monday, December 21, 2015 11:52 am28 Comments

CNBC’s Jim Cramer has a message for Tim Cook critics: He’s right on taxes…

Apple CEO Tim Cook is absolutely right – and wrong – on U.S. corporate tax policy

Sunday, December 20, 2015 2:06 pm37 Comments

In the interview with Charlie Rose, Mr. Cook describes the U.S. tax system as being designed for the industrial age as opposed to the digital age…

Apple CEO calls corporate tax rap ‘total political crap’

Friday, December 18, 2015 4:28 pmFriday, December 18, 201547 Comments

This is a tax code that was made for the industrial age, not the digital age. It’s backwards. It’s awful for America. It should have been fixed many years ago…

If Apple announces its corporate U.S. exit, will we finally get the message?

Friday, December 4, 2015 9:05 amFriday, December 4, 201538 Comments

Pfizer’s corporate U.S. exit should be a wake-up call to the American public…

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…

Activision Blizzard to buy ‘Candy Crush’ maker King Digital for $5.9 billion

Tuesday, November 3, 2015 9:28 amTuesday, November 3, 20156 Comments

ABS Partners CV, a unit of Activision Blizzard, will acquire King shares for $18 each in cash…

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 avoids $59.2 billion U.S. tax bill

Wednesday, October 7, 2015 12:01 pmWednesday, October 7, 201535 Comments

The 500 largest American companies hold more than $2.1 trillion in accumulated profits offshore to avoid U.S. taxes…

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…

Some residents object to Apple’s planned new €850 million data center in Ireland

Thursday, June 18, 2015 6:01 pm14 Comments

Apple has chosen the ‘wrong site’ for its proposed €850 million data center…

Apple giving Pimco a run for its money in the bond market

Friday, June 5, 2015 9:55 amFriday, June 5, 20158 Comments

Apple has been lobbying Congress for two years to approve a repatriation holiday…

EU’s Vestager says will not complete tax inquiries of Apple, others in second quarter

Tuesday, May 5, 2015 8:28 amTuesday, May 5, 20155 Comments

European Competition Commissioner Margrethe Vestager said on Tuesday…

Apple may have to pay Ireland 10 years of back taxes

Thursday, April 30, 2015 11:28 am47 Comments

This week, in a regulatory filing, Apple said that if the EC comes back…

Apple warns of potential ‘material’ financial damage from European tax probe

Wednesday, April 29, 2015 2:58 pmThursday, April 30, 201524 Comments

Apple has warned investors that it could face ‘material’ financial penalties…

U.S. companies now have $2.1 trillion overseas to avoid corporate taxes

Wednesday, March 4, 2015 8:32 am29 Comments

“Microsoft Corp., Apple Inc., Google Inc. and five other tech firms now account for more than…

Apple to invest €1.7 billion to build two new european data centers

Monday, February 23, 2015 8:25 amMonday, February 23, 201513 Comments

Apple today announced a €1.7 billion plan to build and operate…

Americans’ interest in hiking corporate taxes wanes slightly

Thursday, February 5, 2015 9:57 amThursday, February 5, 201518 Comments

Back in 2008, when gas prices hit $4 per gallon for the first time…

Intel CFO: Obama repatriation tax proposal ‘lipstick on a pig’

Wednesday, February 4, 2015 8:18 pm24 Comments

We need fundamental tax reform that helps companies…

U.S. Congress, Obama take Apple CEO Cook’s advice, eye corporate tax changes

Tuesday, February 3, 2015 2:26 pmTuesday, February 3, 201524 Comments

When quizzed about its tax practices, Apple CEO Tim Cook told a Senate subcommittee…

Obama targets foreign profits with tax proposal, Republicans skeptical

Monday, February 2, 2015 8:30 amMonday, February 2, 201570 Comments

Obama will call for a one-time, 14 percent tax on an estimated $2.1 trillion…

Senator Rand Paul finds Democratic partner for tax repatriation holiday

Friday, January 30, 2015 8:35 amFriday, January 30, 201551 Comments

Under current law, U.S. companies must pay the full 35 percent tax rate….

Britain’s top banks in talks to bring Apple Pay to the UK

Monday, December 29, 2014 9:58 amMonday, December 29, 20147 Comments

Britain’s top banks are in talks with Apple to introduce Apple Pay…

Microsoft to Obama administration: The world’s servers are not yours for the taking

Wednesday, December 24, 2014 9:45 am54 Comments

Apple said that the tech sector is put ‘at risk’ of being sanctioned

Steve Jobs still casts long shadow at Web Summit

Saturday, November 8, 2014 1:01 pmSaturday, November 8, 201423 Comments

This past week in Dublin, Steve Jobs was everywhere…

Businesses hopeful Republican control of U.S. Congress will break tax-reform gridlock

Wednesday, November 5, 2014 8:58 amWednesday, November 5, 2014108 Comments

“Chief executives have been consistently pressing for change, especially in light of the corporate ‘inversions’…

Ireland’s Prime Minister: Apple has nothing to fear from end of ‘Double Irish’ tax avoidance strategy

Tuesday, November 4, 2014 3:28 pmTuesday, November 4, 20147 Comments

The end of the notorious corporate tax loophole known as the “Double Irish” will not deter

Apple says it may lose Irish tax break

Friday, October 31, 2014 9:59 amFriday, October 31, 201431 Comments

Apple says it is at risk of being hit with a higher tax rate…

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