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Apple’s Irish tax woes deepen as European watchdog finds ‘illegal state aid’...
The European Commission publicized its ruling that Apple benefited from a favorable Irish tax rate, arguing that Apple’s funneling of revenues and earnings to Ireland, where the Cupertino firm cut a...
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EU probe of Irish tax policy could have ‘material’ impact on Apple
The European Commission’s investigation into Ireland’s tax deals for multinational corporations could have a “material” impact on Apple, the company said in a 10Q filing to the S&E Commissions...
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Tim Cook says Apple tax avoidance talk is ‘total political crap’
60 Minutes on Friday shared a one minute clip from its upcoming interview with Apple CEO Tim Cook. In the preview, Charlie Rose asks for Cook’s thoughts regarding Apple’s congressional tax hearing,...
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European Commission to reportedly rule against Apple’s sweetheart tax deal...
According to a 130-page judgment seen by The Financial Times, the European Commission (EC) is set to rule Tuesday against Apple’s sweetheart tax deal it struck with the government of Ireland back in...
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EU orders Apple to pay $14.5 billion in back taxes
At a press conference Tuesday, the European Commission’s competition commissioner Margarethe Vestager announced that the European Union has ordered the government of Ireland to collect up to €13...
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Here’s Tim Cook’s message to Apple community regarding massive Irish tax bill
The European Commission has ruled that Apple is on the hook for €13 billion ($14.5 billion) in back taxes as its “sweetheart deal” to pay a lower tax rate in Ireland has been characterized as “illegal...
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The government of Ireland will back Apple in its fight against EU’s tax bill...
Following news earlier this week that the European Commission had ruled that Apple must pay €13 billion ($14.5 billion) in back taxes to the government of Ireland because its sweetheart deal with...
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Ireland is cheering in favor of Apple in EU state aid tax ruling
In August, the European Commission slammed Apple with a tax bill from hell over a sweetheart deal it received from Ireland—which, in the Commission’s view, constitutes “illegal state aid”. Dublin...
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President-elect Trump promises tax incentives for Apple to build “Made in...
Apple reportedly asked contract manufacturers Foxconn and Pegatron to look into assembling iPhones in the United States and now we learn that Tim Cook phoned President-elect Donald Trump following his...
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France fines Apple $422 million over its controversial tax practices
French tax authorities have recently issued Apple a fine in the amount of 400 million euros (about $422 million), according to L’Express. At the core of the adjustment is Apple’s complex and...
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In its appeal to EU tax ruling, Apple calls itself a “convenient target”
Later this week, Apple and the government of Ireland will appeal against the European Union’s $14.5 billion tax ruling targeting Apple’s sweetheart tax deal with Dublin that the EU deemed “illegal...
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For the last ten years, Apple paid taxes to Australia instead of New Zealand
The New Zealand Herald’s analysis of the local subsidiary’s financial statements has revealed that for the last ten years, Apple paid taxes to the Australian Tax Office instead of New Zealand’s Inland...
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Apple seeks tax breaks for suppliers to build iPhones from scratch in India
A limited run of “Assembled in India” iPhone SE models is now rolling from the assembly lines in India, run by Apple’s contract manufacturer Wistron, but the Cupertino technology giant is now seeking...
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Apple denies reports that it moved untaxed offshore cash to the Channel...
Apple on Monday issued a press releasing denying today’s reports from the BBC, The New York Times and others alleging that Tim Cook & Co. may have found creative new ways to sidestep a major EU...
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German paper calls out Apple for paying between 1 and 7% tax on overseas income
Süddeutsche Zeitung, the biggest newspaper in Germany, on Wednesday published an open letter to Apple’s boss Tim Cook in which its editor-in-chief Wolfgang Krach claims that the Cupertino giant pays...
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UK introduces new tax reform targeting tech companies like Apple
The United Kingdom government is cracking down on technology companies like Apple, Google and Amazon, with the country’s Treasury department announcing upcoming changes that will tax any UK earnings,...
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Apple has increased prices of all iPhone models in India except the locally...
The Indian government last week announced a 50% tax hike on imported smartphones in a bid to boost domestic manufacturing. As a result, Apple has now increased the price of every iPhone model it sells...
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Congress passes tax bill that’ll let Apple repatriate its $252 billion...
Now that the United States Congress has passed the Republican tax overhaul, Apple is in a position to potentially bring back its $252.3 billion foreign cash pile without a major tax hit.... Read the...
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Scammers are attempting to con victims into paying back taxes with iTunes...
Spam phone calls just keep getting worse. As the irritating interjections seem to ramp up around the US tax season, scammers are now attempting to collect money via iTunes gift cards.... Read the rest...
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Apple begins iPhone 6s production in India
Apple has begun production on the iPhone 6s in India. This is the second Apple handset after the iPhone SE to be manufactured in the second most populous nation in the world. The Economic Times says...
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