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Tag: U.S. Treasury

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…

Apple CEO Cook accused of ‘disrespecting’ Ireland

Thursday, January 5, 2017 4:25 pmThursday, January 5, 201740 Comments

Tim Cook, Apple chief executive, has been accused of being ‘disrespectful’ to Ireland after he turned down…

Apple CEO Cook declines invitation to discuss EU tax ruling with Irish parliament

Thursday, January 5, 2017 1:00 pmThursday, January 5, 201711 Comments

Apple chief executive Tim Cook has declined an invitation to appear at the Oireachtas finance committee…

Ireland’s love affair with Apple triggers hate at home: Some Cork residents are souring on the tech giant

Friday, December 23, 2016 12:01 pmFriday, December 23, 201614 Comments

The Irish government’s unwavering protection of Apple has infuriated the very people who stand to gain the most…

Apple CFO Maestri: What the EC is doing here is a disgrace for European citizens, it should be ashamed’

Monday, December 19, 2016 5:01 pmMonday, December 19, 201626 Comments

Maestri accuses EU competition commissioner Margrethe Vestager of pursuing a political agenda…

Ireland accuses EU of exceeding power in Apple tax grab

Monday, December 19, 2016 1:44 pmMonday, December 19, 20164 Comments

Ireland accused the European Commission on Monday of exceeding its powers and interfering with…

Apple formally appeals EU tax grab this week, says company was a ‘convenient target’

Monday, December 19, 2016 8:55 amMonday, December 19, 20164 Comments

Apple will launch a legal challenge this week to a record $14 billion EU tax demand…

The inside story of Apple’s $14 billion EU tax grab

Friday, December 16, 2016 10:45 am22 Comments

In August the EU said Ireland had broken European law by giving Apple a sweetheart deal…

Apple CEO invited to attend tax ruling hearing in Dublin

Monday, December 12, 2016 11:27 amMonday, December 12, 20168 Comments

An Oireachtas committee has expressed confidence that Apple’s Tim Cook will accept an invitation…

Apple and U.S. President-elect Trump: Can a tax cut for overseas cash heal wounds?

Thursday, November 10, 2016 2:16 pm19 Comments

The good news for Apple Inc. under a Donald Trump presidency is it might finally be able to use its hoard of overseas cash…

Markets surge worldwide, investors exuberant following Trump’s U.S. presidential victory

Thursday, November 10, 2016 12:05 pmThursday, November 10, 201640 Comments

European stocks rose on Thursday following extraordinary gains in Asia and the United States…

Silicon Valley uncertain after Donald Trump wins U.S. presidency

Thursday, November 10, 2016 11:35 amThursday, November 10, 201621 Comments

Donald Trump’s election victory is seen as a blow to Silicon Valley, putting the presidency…

Irish government officially appeals EU’s $14.3 billion tax grab from Apple

Thursday, November 10, 2016 9:27 am2 Comments

The tax battle is likely to drag on for years…

Apple CEO Cook emails employees, calls for unity after Donald Trump presidential win

Thursday, November 10, 2016 9:03 amThursday, November 10, 201636 Comments

Apple CEO Tim Cook broadcast an all-hands memo to U.S. Apple employees Wednesday evening calling for unity…

Markets surge, Dow hits record high after Donald Trump wins U.S. presidency

Wednesday, November 9, 2016 5:40 pmWednesday, November 9, 201641 Comments

U.S. stocks rallied Wednesday, with the Dow industrials jumping 257 points, led by a surge in financial…

Five tech issues to watch under President Trump

Wednesday, November 9, 2016 4:18 pm13 Comments

How might a Donald Trump presidency affect Silicon Valley?

Apple CEO Tim Cook smartly maintained ties to GOP ahead of Trump victory

Wednesday, November 9, 2016 2:25 pmWednesday, November 9, 201622 Comments

Donald Trump had some harsh words for Apple during the campaign, but what will his attitude be toward…

Apple could be able to pay just 10% tax to repatriate overseas profits under President Trump’s plan

Wednesday, November 9, 2016 10:29 am30 Comments

Apple hasn’t exactly seen eye-to-eye with president-elect Donald Trump, but…

Ireland to formally submit appeal on EU’s $14.5 billion Apple tax grab

Tuesday, November 8, 2016 2:01 pmTuesday, November 8, 20165 Comments

Ireland’s government will this week formally submit its appeal against the European Commission’s multi-billion-euro demand…

Apple named biggest corporate tax avoider in U.S. after booking $218 billion of profit offshore last year

Tuesday, October 4, 2016 9:16 pmTuesday, October 4, 201650 Comments

Apple has been named as the biggest corporate tax avoider in the United States after booking $218.55 billion…

OECD official says EU Apple ruling not precedent for future tax cases

Monday, September 26, 2016 4:56 pm9 Comments

A multi-billion euro back tax bill handed to Apple by the European Commission should not be seen as a precedent…

Apple’s dearth of European lobbyists kept company out of loop in EC tax decision for two years

Monday, September 26, 2016 9:01 amMonday, September 26, 20166 Comments

Apple Inc. is battling the European Commission’s call to fork over €13 billion…

Ireland’s Finance Minister Noonan: Apple tax appeal may take four years, maybe more

Friday, September 23, 2016 9:54 am9 Comments

Ireland’s Finance Minister Michael Noonan talks about the rise of European populism…

Apple’s EU tax nemesis Margrethe Vestager takes aim at other U.S. companies’ offshore profits

Monday, September 19, 2016 4:01 pmMonday, September 19, 201642 Comments

The European Union official who slapped Apple with a $14.5 billion back tax bill signaled over the weekend…

185 CEOs urge EU to reverse Apple tax demand, calling decision a ‘grievous self-inflicted wound for the EU and its citizens’

Friday, September 16, 2016 2:37 pmFriday, September 16, 201648 Comments

Corporate America’s most powerful chief executives are rallying to Apple’s side in its tax battle with the EU…

The ‘Brexit-Apple’ connection: What in the world was Margrethe Vestager thinking?

Monday, September 12, 2016 10:26 amMonday, September 12, 201619 Comments

Brexit means Brexit, we have now been told; the future’s bright and the UK extracting itself…

EU ministers line up to take tax bites out of Apple

Monday, September 12, 2016 9:04 amMonday, September 12, 201621 Comments

European Union finance ministers are lining up to get a slice of Apple’s tax revenue…

Apple’s pot of gold may shine on reluctant Ireland’s bond market

Tuesday, September 6, 2016 9:57 amTuesday, September 6, 201618 Comments

Apple Inc. is challenging it, Ireland’s government doesn’t want it, but bond investors…

Former EU competition commissioner: Vestager claim that Apple owes back taxes an incorrect use of EU law

Friday, September 2, 2016 12:53 pmFriday, September 2, 201628 Comments

The European Commission rejected criticism from one of its own former antitrust chiefs on Friday…

Apple CEO Cook’s comments on taxes leave many unanswered questions

Friday, September 2, 2016 9:55 amFriday, September 2, 201636 Comments

CEO Tim Cook’s comments to an Irish radio station about Apple’s intentions to repatriate billions of dollars next year…

Irish government to fight EU on Apple tax

Friday, September 2, 2016 9:01 amFriday, September 2, 201616 Comments

Ireland’s cabinet agreed on Friday to join Apple in appealing against a multi-billion-euro back tax demand…

Treasury accuses EU of trying to steal U.S. tax revenues with Apple decision

Thursday, September 1, 2016 5:35 pmThursday, September 1, 201638 Comments

The United States has accused the European Union of grabbing revenue intended for U.S. coffers…

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