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Tag: taxes

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…

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…

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…

Apple’s new iOS center in Naples raises eyebrows

Tuesday, January 26, 2016 1:01 pmTuesday, January 26, 201610 Comments

Apple has announced the founding of its first European center for the development of iOS software in the southern city of Naples…

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…

Apple opening Europe’s first iOS app development center in Italy

Thursday, January 21, 2016 10:45 am1 Comment

Apple today announced the creation of Europes first iOS App Development Center in Italy…

Apple may face $8 billion bill for back taxes after European Commission probe

Friday, January 15, 2016 8:28 amFriday, January 15, 201626 Comments

Apple Inc. may be facing a hefty tax bill in Europe…

Apple to pay $348 million to settle Italy tax fraud case

Wednesday, December 30, 2015 8:34 am21 Comments

Apple’s Italian subsidiary has agreed to pay €318m (£235m; $348m) following an investigation into tax fraud allegations…

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…

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 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…

Apple to Australian gov’t: ‘Apple pays all the taxes it owes’

Wednesday, April 8, 2015 3:01 pmWednesday, April 8, 201538 Comments

Apple Australia chief Tony King has vehemently rejected suggestions…

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…

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….

Speaker of the House John Boehner kills Internet sales tax bill

Wednesday, November 12, 2014 2:58 pmWednesday, November 12, 201453 Comments

Speaker of the House John Boehner has long opposed efforts to expand Internet sales taxes…

Apple iPhones and the U.S.-China ‘trade gap’

Wednesday, November 5, 2014 3:28 pmWednesday, November 5, 20142 Comments

The vast majority of the profits on each iPhone sold go to…

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…

EU tax probe spotlights Ireland’s allure for multinationals

Monday, October 13, 2014 2:02 pmMonday, October 13, 201419 Comments

An EU probe into a tax deal between Ireland and Apple is raising pressure…

Cork brushes off EU’s Apple tax claims

Friday, October 3, 2014 4:29 pmFriday, October 3, 201425 Comments

Apple and the Irish government deny there are any sweetheart deals…

U.K. Treasury chief Osborne tells U.S. tech giants: Read my lips, more taxes

Monday, September 29, 2014 6:01 pmMonday, September 29, 201464 Comments

U.K. Treasury chief George Osborne has put global tech companies on notice…

Irish taxes: There is no possibility of a fine upon Apple whatsoever

Monday, September 29, 2014 9:02 amMonday, September 29, 201414 Comments

Several newspapers seem to have got themselves into a bit of a tizzy…

EU watchdog to give reasons for inquiry into Ireland’s tax treatment of Apple

Monday, September 29, 2014 8:29 amMonday, September 29, 20146 Comments

The European Commission will publish its reasons for opening an in-depth investigation…

European Commission accuses Apple of prospering from illegal Irish tax deals

Sunday, September 28, 2014 7:20 pmSunday, September 28, 201476 Comments

An E.C. probe that could hit Apple with a record fine of as much as several billions of euros…

As Burger King eyes moving to Canada over U.S. corporate taxes, Apple, Google, Microsoft have it their way, too

Tuesday, August 26, 2014 9:58 amTuesday, August 26, 2014116 Comments

The U.S. corporate tax rate is obviously way too high…

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