tag Apple-EU

The EU's Apple Ruling Is a Victory for Tax Confusion

EghtesadOnline: The European Commission’s decision to impose a tax bill of 13 billion euros ($14.5 billion) on Apple is unjust and unnecessary. And the harm is not confined to a single company: The ruling has cast a cloud of uncertainty over Europe’s corporate-tax rules, potentially affecting all multinational investors.
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Publish Date:31/August/2016 | 09:14

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

EghtesadOnline: A multi-billion euro back tax bill handed to Apple by the European Commission should not be seen as a precedent for future tax cases as it was based on state aid rather than tax law, the OECD official spearheading global tax reform said on Monday.
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Publish Date:27/September/2016 | 06:26

Ireland to join Apple in fight against EU tax ruling

EghtesadOnline: Ireland's cabinet agreed on Friday to join Apple in appealing against a multi-billion-euro back tax demand that the European Commission has imposed on the iPhone maker, despite misgivings among independents who back the fragile coalition.
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Publish Date:03/September/2016 | 10:48

Apple CEO says EU tax ruling 'total political crap': Irish Independent

EghtesadOnline: The European Union's imposition of a 13 billion euro ($14.5 billion) back tax bill on Apple is "total political crap", Chief Executive Tim Cook said in a newspaper interview on Thursday, and anti-U.S. bias may have played a role.
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Publish Date:01/September/2016 | 08:19

U.S. tax code may allow dramatic retaliation in EU Apple case

EghtesadOnline: U.S. tax law gives the Obama administration power to double tax rates for European companies should it choose to dramatically escalate a dispute with the European Union over Apple's tax bill.
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Publish Date:01/September/2016 | 06:30

EU hits Apple with $14.5 billion Irish tax demand

EghtesadOnline: The European Commission ordered Apple Inc to pay Ireland unpaid taxes of up to 13 billion euros ($14.5 billion) on Tuesday as it ruled the firm had received illegal state aid.
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Publish Date:31/August/2016 | 08:16