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Tag: Margrethe Vestager

Apple to fight EU’s $14 billion tax grab in European court next month

Friday, August 16, 2019 8:57 am8 Comments

Since 2016, both Apple and Ireland have been denying the merit of the European Union’s tax clawback…

Ireland invests disputed Apple taxes in low-risk bonds

Monday, July 1, 2019 2:51 pmMonday, July 1, 2019No Comments

Ireland’s debt agency has invested disputed taxes collected from Apple in low risk, highly rated euro-dominated fixed income securities…

President Trump suggests European Union out of line in suing U.S. tech firms

Wednesday, June 26, 2019 8:26 pmWednesday, June 26, 201911 Comments

U.S. President Donald Trump on Wednesday suggested the European Union was out of line in suing U.S. technology companies…

EU’s Margrethe Vestager says Europe must lead the way with a digital taxes

Monday, April 8, 2019 10:01 amMonday, April 8, 201932 Comments

There is still disagreement among EU members over how to implement a so-called ‘GAFA tax’ – named after Google, Apple, Facebook and Amazon – to ensure the global internet giants pay…

EU Competition Commissioner Margrethe Vestager may investigate Apple Pay if there are formal complaints

Monday, December 10, 2018 12:00 pmMonday, December 10, 20184 Comments

Apple’s mobile payment service Apple Pay, launched in October 2014, is available in 10 EU countries…

Second term unlikely for EU commissioner Margrethe Vestager

Wednesday, October 3, 2018 3:03 pmWednesday, October 3, 20188 Comments

European Commissioner Margrethe Vestager, a former leader of a political party…

Apple acquires Shazam, offering more ways to discover and enjoy music; Shazam app will soon become ad-free for all users

Monday, September 24, 2018 4:56 pmThursday, February 21, 20195 Comments

Apple today announced it has completed its acquisition of Shazam…

Apple pays €14.3 billion Irish tax bill amid ongoing appeal over EU tax grab

Tuesday, September 18, 2018 3:00 pmTuesday, September 18, 201843 Comments

Ireland has collected €14.3bn in disputed back taxes and interest from Apple….

EU clears Apple’s purchase of Shazam

Thursday, September 6, 2018 1:37 pmThursday, September 6, 20188 Comments

The European Union approved Apple’s planned acquisition of British music discovery app Shazam on Thursday…

How Apple easily circumvented EU Competition Commissioner Margarethe Vestager’s tax grab

Monday, June 25, 2018 12:01 pmMonday, June 25, 201818 Comments

In August 2016, European Union Competition Commissioner Margrethe Vestager told Ireland to claw back 13 billion euros…

Apple declines invite to EU hearing, cites appeal against EU tax clawback

Friday, June 1, 2018 2:01 pmFriday, June 1, 201837 Comments

iPhone maker Apple has turned down an invitation to an EU lawmakers’ hearing…

Apple $1.8 billion tax arrears payment eases EU pressure on Ireland

Friday, May 18, 2018 8:58 amFriday, May 18, 20184 Comments

European authorities indicated they are open to dropping a case against Ireland…

Apple to fight EU Irish tax clawback without U.S. support role

Thursday, May 17, 2018 4:00 pmThursday, May 17, 20183 Comments

The U.S. lost a bid to help Apple Inc.’s court fight against the European Union’s order to pay Ireland…

Ireland, Apple appeal over EU tax clawback gets timeframe

Tuesday, April 24, 2018 12:02 pm8 Comments

An appeal by Apple and Ireland against a European Union ruling for the U.S. firm to pay 13 billion euros ($16 billion) in disputed taxes…

EU antitrust chief says investigation of Google’s Android, AdSense is advancing

Thursday, April 19, 2018 1:00 pmThursday, April 19, 201810 Comments

Investigations into how Google may be using its Android smartphone operating system…

Apple’s Irish tax billions said guarded by Bank of New York

Monday, March 5, 2018 11:00 amMonday, March 5, 201811 Comments

Bank of New York Mellon Corp. won a contract to be custodian for as much as 13 billion euros…

EU says Ireland’s Apple complaint will only be dropped if it takes the full $16 billion in tax clawbacks

Tuesday, February 27, 2018 12:03 pmTuesday, February 27, 201822 Comments

The European Commission will withdraw its complaint against Ireland for not recovering 13 billion euros…

Ireland expects final disputed Apple bill remaining around $16 billion

Thursday, February 22, 2018 3:27 pmThursday, February 22, 201817 Comments

Ireland expects the final disputed tax bill that the European Commission ordered…

EU court rejects U.S. government intervention in Apple’s Irish $15 billion tax case

Friday, December 15, 2017 2:26 pmFriday, December 15, 20177 Comments

Europe’s second-highest court has rejected a request from the U.S. government to intervene…

European Commission forces Ireland to collect €13 billion tax clawback

Tuesday, December 5, 2017 1:05 pm15 Comments

Ireland is to comply with a European Commission order to collect a disputed €13 billion tax bill from Apple…

Ireland expects Apple tax clawback in escrow account in first quarter 2018

Monday, December 4, 2017 10:28 amMonday, December 4, 201717 Comments

Ireland expects iPhone maker Apple to start paying up to 13 billion euros…

Ireland expects progress in Apple tax clawback in coming weeks

Tuesday, November 21, 2017 3:15 pmTuesday, November 21, 20174 Comments

Ireland expects to make progress in recovering up to 13 billion euros…

Apple holds on to tax billions as Ireland set to miss deadline

Thursday, November 16, 2017 10:20 am4 Comments

The Irish debt office is hiring custodians and investment managers for the estimated 13 billion euros ($15.3 billion) in…

EU sues Ireland over $15.3 billion tax clawback from Apple

Wednesday, October 4, 2017 1:55 pmWednesday, October 4, 201730 Comments

Ireland is being sued by the European Union authorities for failing to collect a year-old bill…

NTMA extends Apple multi-billion euro tax fund deadline

Tuesday, September 26, 2017 8:59 amTuesday, September 26, 201721 Comments

The National Treasury Management Agency has extended the deadline on a tender process…

Apple will help choose investment manager for $17.9 billion EU tax grab

Thursday, September 7, 2017 8:55 amThursday, September 7, 20173 Comments

Ireland and Apple Inc. will jointly choose investment managers for as much 15 billion euros…

Ireland opposes EU’s 13 billion euro Apple tax grab, calls it unjustified

Thursday, August 17, 2017 10:25 amThursday, August 17, 201711 Comments

Ireland’s finance minister said the European Commission’s demand that Dublin retroactively collect…

Apple close to deal protecting Ireland in fight over EU tax grab

Friday, August 11, 2017 10:28 am17 Comments

Ireland and Apple Inc. are close to a deal to protect the Irish government from any losses…

France and Germany plan tax crackdown on U.S. tech giants

Monday, August 7, 2017 4:00 pmMonday, August 7, 201730 Comments

France is working with Germany and other partners to plug loopholes that have allowed U.S. tech giants…

Ireland seeks custodian for Apple $15.2 billion in back taxes as collection nears

Saturday, July 22, 2017 12:49 pm157 Comments

The Irish government is setting up a fund to manage the estimated 13 billion euros…

Should America’s tech giants be broken up? Apple, Amazon, Google, and Facebook may be contributing to the U.S. economy’s most persistent ailments

Thursday, July 20, 2017 11:27 amThursday, July 20, 201723 Comments

Google is as close to a monopoly as the Bell telephone system was in 1956…

President Trump on collision course with Brussels again as White House backs Apple in EU tax clawback case

Wednesday, July 5, 2017 11:27 am39 Comments

U.S. President Trump has set the US on a collision course with Brussels yet again after the White House lodged a formal intervention…

European Union hits Google with record $2.73 billion fine for abusing internet search monopoly

Tuesday, June 27, 2017 10:23 amTuesday, June 27, 201753 Comments

The penalty is the biggest ever competition fine from the European Commission, doubling the previous record…

EU Commissioner Vestager: Ireland ‘taking too long’ to recover Apple tax

Friday, May 19, 2017 11:28 amFriday, May 19, 201719 Comments

EU’s Competition Commissioner Margrethe Vestager said that Irish authorities are ‘taking too long’ to get so-called unpaid taxes from Apple

Apple: European Commission made ‘fundamental errors,’ tried to ‘redesign Ireland’s corporate tax system’

Tuesday, February 21, 2017 11:28 am16 Comments

Apple has alleged that the European Commission made ‘fundamental errors’ as it ruled last year…

EU’s hypocritical Margrethe Vestager going after Apple while backing Madeira tax avoidance scheme

Tuesday, February 14, 2017 10:56 am25 Comments

This morning I heard an interesting radio report on the European Commission’s long-standing…

Irish calculation similar to EU on Apple tax estimate, says Irish finance minister

Thursday, February 2, 2017 2:40 pm15 Comments

The European Commission’s estimate that Apple owes Ireland up to 13 billion euros ($14 billion) in a disputed tax…

Apple has missed the deadline to pay $13.9 billion to Ireland in illegal tax benefits

Tuesday, January 31, 2017 1:25 pmTuesday, January 31, 20174 Comments

Apple has not fully paid the 13 billion euros ($13.9 billion) it owes to Ireland in illegal tax benefits…

Apple CEO Tim Cook dines with Ivanka Trump and Jared Kushner, senior advisor to President Trump

Friday, January 27, 2017 1:44 pmFriday, January 27, 201762 Comments

Jared Kushner and Ivanka Trump were spotted eating last night at downtown hotspot Tosca with Apple’s CEO Tim Cook…

Why President-elect Trump is singing Apple CEO Tim Cook’s praises

Thursday, January 19, 2017 3:14 pmThursday, January 19, 201737 Comments

Yahoo Finance’s Jen Rogers and Pras Subramanian discuss Donald Trump’s latest comments about Apple and Tim Cook…

Apple’s EU bill creeps up as analyst sees $1.6 billion interest

Tuesday, January 17, 2017 3:30 pmTuesday, January 17, 201716 Comments

Apple Inc.’s bill for unpaid taxes in Ireland is creeping upwards, as authorities try to figure out…

Britain has world’s strongest economy after Brexit

Friday, January 6, 2017 1:26 pmFriday, January 6, 201730 Comments

Britain ended last year as the strongest of the world’s advanced economies with growth accelerating…

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