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 ...
Irish Independent on MSN7h
First €3bn of Apple Tax money has hit Irish State coffers
The first roughly €3bn of the Apple Tax money has landed in Irish state coffers. The latest Fiscal Performance or Exchequer ...
The Economist5d
Ireland’s government has an unusual problem: too much money
Ireland faces a different problem: the government is so flush with cash it does not know quite what to do with it. In ...
PA Media on MSN1d
Apple tax should fund state construction company, People Before Profit says
Billions of euros in tax receipts from Apple should be used to establish a state construction company, People Before Profit ...
Apple’s Quarterly Profit Down Because of Tax Payment in Europe
Sales for the iPhone maker were up 6 percent to to $94.93 billion. But a $14.4 billion tax bill cut profits that would have ...
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, was forced to ...
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 ...
Apple’s Profit Drops 36% as Tech Giant Pays $10 Billion to Resolve European Tax Issue
Apple reported its Q4 earnings on Thursday, with the iPhone maker posting sales of $94.9 billion but also taking a $10 ...
Apple Sales Hit Quarterly Record as iPhone Business Rebounds
Apple reported revenue reached an all-time high for the September quarter, propelled by a modest rebound in iPhone sales that ...
Yahoo Finance4d
Apple reports better-than-anticipated Q4 revenue, earnings hurt by EU tax payment
The company said it saw a one-time charge related to the reversal of a European General Court decision that requires Apple to pay 13 billion euros to Ireland for back taxes. Without the charge ...