Ireland now needs to figure out how to spend an almost €13.8 billion ($15.2 billion) European Commission tax grab that Apple was ordered…
Tag: multinational corporations
Apple loses court fight over EU’s $14.4 billion Irish tax grab
Apple has lost a EU court fight over a €13 billion ($14.4 billion) Irish tax grab. The EU’s Court of Justice in Luxembourg backed a 2016…
In bid to overturn $15.7 billion Apple tax verdict, EU claims court made errors
EU antitrust bureaucrats have claimed a court made legal errors when it scrapped their 13 billion euro ($15.7B) Apple tax grab in Ireland…
Apple: ‘We have always abided by the law in Ireland,’ as EU appeals tax grab loss
On Friday, Apple said it has always complied with Irish tax laws and that the issue which led to an EU tax order of 13 billion euros…
Apple court triumph forces tough choice for Vestager’s EU tax crusade
Apple’s July court triumph over a massive European Union tax grab is forcing antitrust chief Margrethe Vestager to make a tough choice…
Apple wins fight over $14.9 billion tax grab in blow to EU
Apple won its court fight over a record $14.9 billion Irish tax grab in a crushing blow to EU Competition Commissioner Margrethe Vestager…
Apple reduces massive bill for back taxes the EU claims it must pay Ireland
According to regulatory filings, Apple reduced a massive back tax bill it must pay Ireland after other governments claimed a slice of the payment last year…
Starbucks wins, Fiat loses, Apple kept guessing in EU tax grab rulings
Starbucks Corp. won a court fight and a Fiat Chrysler Automobiles NV unit lost one over European Union tax orders in decisions…
Apple may get clues about its chances of winning tax case of the century
Apple has been arguing its case at the European Union’s General Court to topple a record 13 billion-euro ($14.3 billion) EU tax order…
Apple and Ireland blast European Commission’s ‘fairy story’ behind $14 billion EU tax grab
Apple accused the European Commission of misunderstanding its business on day two of the iPhone maker’s appeal against a $14 billion tax order…
Apple slams EU as epic court battle over $14 billion tax clawback commences
Lawyers for the world’s biggest company faced EU officials in the Luxembourg court, challenging a decision that CEO Tim Cook slammed at the time as “total political crap” with no basis in law…
Apple says $14 billion EU tax clawback ‘defies reality and common sense’
Apple is appealing to Europe’s second highest court to overturn the European Commission’s 2016 ruling that it pay the record sum of over 13 billion euros to Ireland…
Apple takes fight against $14.4 billion EU tax grab to court
Apple is expected to send a six-man delegation headed by Chief Financial Officer Luca Maestri to the two-day court hearing…
Apple along with 180 other companies redefine the purpose of a corporation to promote ‘an economy that serves all Americans’
We believe the free-market system is the best means of generating good jobs, a strong and sustainable economy, innovation, a healthy environment and economic opportunity for all…
Apple to fight EU’s $14 billion tax grab in European court next month
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
Ireland’s debt agency has invested disputed taxes collected from Apple in low risk, highly rated euro-dominated fixed income securities…
Second term unlikely for EU commissioner Margrethe Vestager
European Commissioner Margrethe Vestager, a former leader of a political party…
Apple pays €14.3 billion Irish tax bill amid ongoing appeal over EU tax grab
Ireland has collected €14.3bn in disputed back taxes and interest from Apple….
How Apple easily circumvented EU Competition Commissioner Margarethe Vestager’s tax grab
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
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
European authorities indicated they are open to dropping a case against Ireland…
Apple to fight EU Irish tax clawback without U.S. support role
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
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…
Apple’s Irish tax billions said guarded by Bank of New York
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
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
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
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
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
Ireland expects iPhone maker Apple to start paying up to 13 billion euros…
Ireland expects progress in Apple tax clawback in coming weeks
Ireland expects to make progress in recovering up to 13 billion euros…
Apple holds on to tax billions as Ireland set to miss deadline
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
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
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
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
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
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
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
The Irish government is setting up a fund to manage the estimated 13 billion euros…
Apple has spent record $2.2 million lobbying Trump administration over past three months
Apple spent an all-time high $2.2 million lobbying Donald Trump’s federal government…
President Trump on collision course with Brussels again as White House backs Apple in EU tax clawback case
U.S. President Trump has set the US on a collision course with Brussels yet again after the White House lodged a formal intervention…
EU Commissioner Vestager: Ireland ‘taking too long’ to recover Apple tax
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’
Apple has alleged that the European Commission made ‘fundamental errors’ as it ruled last year…
