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Topic: European Commission

EU presses Apple for details on latest tax arrangements in wake of Paradise Papers

11/07/2017, 08:11 pm

The European Union's competition commissioner has asked Apple to update details on its tax situation, following allegations that the company relocated some operations from Ireland to Jersey to avoid higher rates.

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Apple slams story of cash hidden in Jersey to reduce taxes, calls itself 'largest taxpayer in the world'

11/06/2017, 11:11 pm

In a rare blog posting, Apple listed a series of inaccuracies in the "Paradise Papers" tax story reported by the International Consortium of Investigative Journalists, while outlining its business in Cork, Ireland; emphasizing that the company is the "largest taxpayer in the world" and repeating that it "pays every dollar it owes in every country around the world."

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European Commission takes Ireland to court for failing to collect taxes from Apple

10/04/2017, 09:10 am

Confirming an earlier report, the European Commission on Wednesday said it will bring Ireland to the European Court of Justice for failing to collect at least $15 billion in back taxes from Apple, which were originally due Jan. 3.

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Ireland could face fine for dragging heels on back taxes from Apple

10/02/2017, 04:10 pm

The European Commission is set to penalize Ireland with a "non-compliance action" for failing to collect up to $17.6 billion in back taxes from Apple, owed after the Commission found the Irish government brokered unfair deals that constituted illegal state aid.

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Irish finance minister decries EU's demand for $15B+ in Apple back taxes, says it's not Ireland's job

08/17/2017, 09:08 am

In a German interview this week, Ireland's finance minister attacked the European Commission's ruling calling for the collection of $15 billion in back taxes (plus interest) from Apple, saying it was both unjustified and outside Ireland's responsibility.

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Apple & Ireland 'close to deal' to protect government from losses while holding $17.7B in escrow

08/11/2017, 11:08 am

Apple and the Irish government are reportedly nearing a deal that would shield the latter from losses incurred while holding up to $17.7 billion in Apple cash, including interest -- money that may be due in back taxes following a 2016 European Commission ruling.

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EU levels $122M fine against Facebook for misleading info during WhatsApp takeover

05/18/2017, 09:05 am

The European Union has fined Facebook 110 million euros -- about $122 million -- for providing "misleading information" during a 2014 review of its WhatsApp acquisition, which raised concerns about data sharing between the two services.

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New EU laws could soften Apple's grip on App Store content and revenue

05/10/2017, 11:05 am

The European Commission is preparing new regulations that could reduce some of Apple's absolute control over the App Store, in light of the company's position as a "gatekeeper" for customers.

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Irish government spent $467,000 on report defending Apple's tax arrangements

02/20/2017, 12:02 pm

The Irish government spent more than 440,000 euros ($467,000) on a report to defend the tax arrangements between the country and Apple, amid ongoing scrutiny from the European Union.

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European Commission pleased with Apple's $14 billion tax bill payment progress, despite missed deadline

01/31/2017, 01:01 pm

Apple has missed the deadline to pay the 13 billion euros ($14 billion) the iPhone producer was ordered to pay Ireland in back taxes, but the European Commission is noting that progress is still being made by Apple to comply with its ruling.

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Apple appeals EU tax ruling, claims Commission 'retroactively changed the rules'

12/19/2016, 09:12 am

Fulfilling a promise, Apple on Monday formally appealed a tax ruling by the European Commission ordering Ireland to collect at least $13.6 billion in back taxes.

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Irish legislature invites Tim Cook, other Apple execs to hearing on $14.5B EU tax ruling

12/12/2016, 10:12 am

An Irish legislative committee is reportedly optimistic that Apple CEO Tim Cook will accept an invitation to attend a late January hearing, which will examine the European Commission's ruling that Ireland must collect $14.5 billion in back taxes from the iPhone maker.

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Ireland to submit appeal of EU's $14.5B Apple tax ruling on Wednesday

11/08/2016, 04:11 pm

The Irish government is about to formally submit its appeal of the European Commission's tax ruling on Apple, Finance Minister Michael Noonan announced on Tuesday.

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US Treasury guidance could stop Apple from recouping Irish taxes at home

09/15/2016, 04:09 pm

The U.S. Treasury Department on Thursday issued new legal guidance that might prevent Apple from recouping any back taxes owed in Ireland by claiming them against taxes it would normally pay in America.

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France & Netherlands among EU countries considering pursuing share of Apple taxes

09/12/2016, 10:09 am

In the wake of the European Commission's ruling against tax deals between Apple and Ireland, the finance ministers of several other European countries are reportedly considering a share of the iPhone maker's back taxes.

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Apple FAQ responds to investor queries about $14.5B EU tax edict

08/30/2016, 10:08 am

Apple has posted a series of answers to questions about the European Commission's tax ruling, and appears to be unconcerned about any potential financial fallout.

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EU tax investigation concludes, Apple hammered with $14.5 billion bill

08/30/2016, 07:08 am

On Tuesday, the European Commission handed down its biggest tax penalty yet, ordering Apple to pay 13 billion euros ($14.5 billion) in back taxes -- but both Ireland and Apple are appealing the ruling.

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EU will order Ireland to collect over $1B in back taxes from Apple - report

08/29/2016, 03:08 pm

On Tuesday the European Commission will find against Ireland's tax arrangements with Apple, and ask the country to collect over 1 billion euros ($1.119 billion) in back taxes, a report claimed on Monday.

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US Treasury takes last stab at deterring tax judgment against Apple & Ireland

08/24/2016, 04:08 pm

The U.S. Treasury Department issued a special white paper on Wednesday, threatening that it will "consider potential responses" should the European Commsission demand that Ireland collect billions of euros in back taxes from Apple.

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French & German interior ministers call on EU to enable access to encrypted data

08/24/2016, 11:08 am

In a joint press conference in Paris on Tuesday, the interior ministers of France and Germany called on the European Commission to enact laws that would give countries on-demand access to encrypted communications under some circumstances.

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