Major cash boost for Ireland as first €3bn worth of Apple tax payout money lands in State’s accounts
THE first €3 billion worth of the Apple money has landed into the State’s coffers – resulting in a boost to tax returns for last month. An update from the Department of Finance shows that Ireland ...
World Politics Review on MSN28d
The Apple Tax Ruling Is a Gamechanger for Ireland, the EU and Big Tech
The intricacies of the Apple case are best understood in the ... The post The Apple Tax Ruling Is a Gamechanger for Ireland, ...
Apple Takes $4.8 Billion Foreign Tax Credit for Ireland Tax Bill
Apple is recording a US foreign tax credit of $4.8 billion that will partly offset the cost to the company of a €13 billion ($14.2 billion) tax bill it must pay Ireland because of an EU court ruling ...
BBC4y
Apple has €13bn Irish tax bill overturned
But the Irish government argued that Apple should not have to repay the ... What about other big tax avoidance cases? There is growing criticism of so-called sweetheart tax deals across the ...
BBC5y
Apple Irish tax case appeal heard by EU court
An EU court is hearing appeals against a decision to order Ireland to recover £11.5bn of unpaid taxes from Apple. In 2016, the European Commission found an agreement between Dublin and the ...
Apple’s quarterly profit down because of tax payment to Ireland
The increased revenue didn’t translate into profit gains because Apple, which lost a court case in September ... excluding ...
Kiplinger1mon
Apple Stock Drops on News of Hefty Irish Tax Bill: What to Know
which ordered Ireland to recover the back taxes. "This case has never been about how much tax we pay, but which government we are required to pay it to," an Apple spokesperson told CNBC.
EURACTIV5y
Apple says $14 bln EU tax order ‘defies reality and common sense’
Ireland said it had been the subject of entirely unjustified criticism and that the Apple tax case was due to a mismatch between the Irish and U.S. tax systems. "The Commission's decision is ...
Apple Profit Drops 36% on EU Tax Charge as Services Revenue Hits $25 Billion in New Quarterly Record
Apple’s bottom line took a hit from a recent European Union tax ruling, as smartphone revenue — including sales of its new AI ...
Courthouse News Service4y
EU Court Throws Out $15 Billion Apple Tax Penalty
(AP Photo/Matthias Schrader, File) LUXEMBOURG (CN) — The European Union’s second-highest court sided with Apple in a $15 billion case on Wednesday, holding that Ireland did not give the tech giant an ...
Apple to Face First EU Fine Under Bloc’s Digital Markets Act
Apple Inc. is set to face the first-ever fine under the European Union’s new digital antitrust rules for Big Tech, representing an escalation of a clash with regulators over the dominance of its ...
World Politics Review28d
The Apple Tax Ruling Is a Gamechanger for Ireland, the EU and Big Tech
In a surprise ruling, the European Court of Justice, or ECJ, concluded that Apple’s Irish tax deal contravenes EU state aid rules and ordered the company to pay almost 14 billion euros ...