EU antitrust bureaucrats have claimed a court made legal errors when it scrapped their 13 billion euro ($15.7B) Apple tax grab in Ireland…
Tag: U.S. corporate taxes
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…
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 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…
How Apple benefited from 2018’s U.S. Tax Cuts and Jobs Act
On Jan. 1, 2018, the biggest, most sweeping U.S. corporate tax cut ever enacted went into effect….
U.S. companies repatriated over half a trillion dollars in 2018
U.S. companies have sent home over half a trillion dollars of cash they held overseas…
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….
Prompted by U.S. tax cuts, Apple and others dump bonds and create $300 billion market hole
As U.S. tax cuts prompt Apple Inc. and other tech companies to bring home their overseas cash hoards…
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…
Apple leaves overseas cash out of its latest quarterly report
A key figure disappeared from Apple Inc.’s latest quarterly report….
Apple’s corporate debt holdings drop for first time since 2013
A whale in the corporate bond market is going on a diet…
Apple services segment faces margin, competitive challenges
Apple Inc is betting on services such as app downloads and music subscriptions to help drive growth…
What Apple’s $100 billion buyback plan says about President Trump’s tax cuts
The Republican tax cuts are paying off bigtime for Apple shareholders…
Apple plows U.S. tax cuts into record share buybacks
Apple Inc lavished cash on its shareholders like no company in history in the first three months of the year…
Investors look to Apple’s cash, services as analysts fret over iPhone unit sales
Apple Inc’s multi-hundred billion cash stockpile and stalling growth in services such as iCloud present…
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…
Apple expected to issue less debt in 2018 now that President Trump has signed the Tax Cuts and Jobs Act
We expect IG tech issuance to be down year-over-year for the first time in about eight years…
Dow, S&P 500 and Nasdaq rocket to new all-time records
Economists say President Donald Trump has had generally positive effects on U.S. economic growth…
Why would any shareholder complain about Apple using repatriated funds for buybacks?
Sure, many of the leaders from Silicon Valley won’t experience a massive tax break…
Apple to take 25% stake in… Apple Inc.?
To provide support for shares as iPhone unit growth slows, and services and other businesses…
UBS: Buy Apple as company could acquire more than $120 billion of its stock in two years
Apple’s capital return program will get much larger, according to one Wall Street firm…
GBH: Apple likely to repatriate $200 billion of its $252 billion foreign cash hoard
Could an expected windfall of billions of dollars from the tax break on repatriated overseas cash…
U.S. job-cut announcements hit lowest level since 1990
The passage of the tax bill has prompted unprecedented hiring plans for 2018…
No, Apple won’t buy Netflix when they repatriate their billions
Don’t expect Apple to buy Netflix this year with the billions of dollars they’ll soon be repatriating…
S&P 500 and Nasdaq rise to records on first trading day of 2018
Last month, President Donald Trump signed a bill that slashed the corporate tax rate in the U.S…
Citi analysts: 40% chance Apple will acquire Netflix now that President Trump’s corporate tax cut has been passed
Citi analysts recently sent a note to clients saying there is a 40% chance that Apple will buy Netflix…
China offers tax incentives to persuade U.S. companies like Apple to stay
In a bid to keep American businesses from taking their profits out of China following Washington’s overhaul of the United States tax code…
