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Topic: European Commission

Apple & Ireland's appeal of $16B EU tax ruling expected this fall, payments expected to start in May

04/24/2018, 10:04 am

Apple and the Irish government's appeal of a $16 billion European Commission ruling on back taxes should finally see action later this year, according to Ireland's finance minister.

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European Commission opens 'in-depth' investigation into Apple's acquisition of Shazam

04/23/2018, 12:04 pm

The European Commission is investigating the proposed acquisition of Shazam by Apple, with competition concerns lengthening the time it will take for the regulator to approve or deny the purchase of the song recognition service by the iPhone manufacturer.

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Formally proposed EU tax plan could cost Apple millions

03/21/2018, 10:03 am

The European Commission has proposed measures to "to ensure that all companies pay fair tax in the EU," a move that will undoubtedly affect Apple.

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Proposed reforms could force Apple to pay taxes all over EU, instead of just in headquarters locations

03/19/2018, 10:03 am

This upcoming Wednesday, the European Commission is expected to reveal a tax proposal would require digital media companies -- including Apple -- to pay based on where they generate revenue, rather than where they choose to locate their European headquarters.

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EU sets Apr. 23 deadline for approving or rejecting Apple's Shazam takeover

03/15/2018, 08:03 am

The European Commission has announced an Apr. 23 provisional deadline for a decision on Apple's intended acquisition of Shazam, perhaps the world's most popular song recognition service.

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Ireland picks Bank of New York Mellon to hold Apple's $18.6B tax payment in escrow

03/07/2018, 08:03 am

The Irish government has reportedly selected Bank of New York Mellon to control an escrow fund holding up to $18.6 billion in back taxes collected from Apple, pending attempts to reverse a ruling by the European Commission.

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European Union proposals could tax Apple and other tech giants between 2 percent and 6 percent

03/04/2018, 03:03 pm

The European Union will soon release proposals to change the way it taxes major tech companies operating within the continent, French Finance Minister Bruno Le Maire has revealed, with firms including Apple potentially being taxed at a rate of between 2 percent and 6 percent in the future.

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EU says it may withdraw court case if Ireland recovers full $16B from Apple

02/27/2018, 10:02 am

The European Commission is willing to withdraw its court case against the Irish government for failing to collect some $16 billion in back taxes from Apple -- but only if the country collects the full amount, the E.U.'s Competition Commissioner said in an interview.

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Proposed EU law could require companies like Apple to share data from foreign servers

02/26/2018, 10:02 am

The European Union is reportedly working on legislation that would require companies to provide customers' personal data for law enforcement even if it's being kept on servers outside of the region.

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Apple's Irish tax bill close to finalization, "in the ballpark" of $16 billion

02/22/2018, 04:02 pm

The head of Ireland's Revenue Commission has advised the calculations of Apple's unpaid tax bill are almost complete, with the final total the iPhone producer will be expected to pay the government thought to be around 13 billion euro ($16 billion), close to initial estimates for the European Commission-mandated payment.

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EU to scrutinize Apple's Shazam takeover on competition concerns from member states

02/06/2018, 04:02 pm

The European Commission on Tuesday said it will look into whether Apple's proposed Shazam acquisition meets competition standards, following a request by several EU countries.

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EU tipped to sanction Qualcomm over Apple chip deal with potential $2B fine

01/23/2018, 03:01 pm

The European Commission is reportedly preparing to sanction Qualcomm for anti-competitive practices in supplying components to Apple for use in its iPhones, with the antitrust watchdog potentially levying a fine against the chip producer of up to $2 billion.

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EU says Apple's cash repatriation plans won't alleviate Irish $15.9B back tax payments

01/18/2018, 11:01 am

Though Apple is planning to pay the U.S. some $38 billion in taxes on repatriated foreign cash, that won't impact how much it owes in Ireland, a spokesman for the European Commission said on Thursday.

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Ireland's plans for Apple to pay $15.9B in back taxes may be delayed until Q2 2018

01/17/2018, 03:01 pm

Ireland's attempt to collect an estimated 13 billion euro ($15.9 billion) in unpaid taxes could take longer than previously thought, after Prime Minister Leo Varadkar advised to EU lawmakers that initial payments could commence during the second quarter of this year.

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Apple sues group that occupied Paris store to protest company's unpaid taxes

01/04/2018, 12:01 pm

Apple has leveled a lawsuit against Attac -- the Association for the Taxation of Financial Transactions and Citizen's Action -- which ran protests at a number of French Apple stores on Dec. 2, including a brief occupation of the company's flagship Opera store in Paris.

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Court rejects US bid to intervene in Apple's appeal of EU tax ruling

12/15/2017, 01:12 pm

The European Union's General Court has refused a U.S. government request to intervene in Apple's appeal of a 2016 European Commission ruling, which ordered Ireland to collect approximately $15.3 billion in back taxes from the company.

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Ireland says Apple to start paying $15.4B in back taxes in Q1 2018

12/04/2017, 10:12 am

Apple should finally begin paying $15.4 billion in back taxes into an escrow account in the first quarter of next year, Ireland's finance minister announced on Monday.

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Activist group occupies French Apple stores in protest of unpaid Irish taxes

12/02/2017, 05:12 pm

An activist organization staged a series of protests at French Apple stores on Saturday, calling on the company to pay the $15.5 billion in back taxes the Irish government has been ordered to collect by the European Commission.

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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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