05/11/2015, 03:05 pm
The government of Australia announced on Monday that it plans to investigate alleged tax avoidance in its country by a total of 30 multinational corporations, including the most valuable company on the planet: Apple.
05/07/2015, 03:05 pm
If the European Commission were to levy a 12.5 percent tax on all of Apple's earnings that run through Ireland, it would reduce the company's annual earnings by just under 10 percent, a new "worst-case scenario" analysis has found.
04/08/2015, 09:04 am
Following in the footsteps of the U.S. and the E.U., the Australian government has declared that American technology giants Apple, Google and Microsoft are all under investigation for their use of multinational corporations to pay lower taxes.
04/01/2015, 01:04 pm
A new tax in the U.K. directly targets companies such as Apple, Amazon, and Google, which have been accused of shifting profits overseas to avoid paying taxes in countries where they nevertheless do business.
10/15/2014, 09:10 am
Though Ireland is set to close its tax loopholes in January of next year, the changes won't be applied to Apple and others until 2020, resulting in a "relatively neutral" outcome for AAPL shareholders, investment firm Barclays said this week.
09/29/2014, 03:09 am
The European Commission is expected to release a report this week alleging that Ireland provided illegal "state aid" to Apple when it set tax rates for the company in 1991 and 2007, part of a series of investigations it hopes to use to retroactively tax corporations operating from countries with tax incentives.
06/12/2014, 09:06 am
Apple partner Intel attempted to appeal a $1.44 billion fine from the European Union for unfair business practices, but the chipmaker lost that bid on Thursday when a court determined that the record fine would stand.
06/11/2014, 03:06 pm
As a European Union investigation into the tax arrangements of a number of multinational companies -- including Apple, Starbucks, and Fiat -- gets underway, Apple has issued a statement in which the iPhone maker categorically denied any wrongdoing.
06/11/2014, 07:06 am
The executive body of the European Union formally announced on Wednesday that it is investigating Apple, Fiat and Starbucks for potential tax evasion by the trio of corporations in the continent it polices.
06/10/2014, 01:06 pm
The competition authority of the European Union is reportedly set to launch a formal investigation on Wednesday into Apple's corporate presence in Ireland, a strategy that it and other companies use to avoid paying taxes.
07/19/2013, 10:07 am
A global economic crisis team of 20 leading nations has endorsed a proposal that would rein in tax avoidance practices employed by Apple and other tech firms.
07/05/2013, 12:07 pm
The Irish parliament's finance committee has decided it won't bring in executives from Apple and Google for questioning over their use of the country for its low international tax rate.
07/01/2013, 12:07 pm
Apple may once again come under the spotlight over taxes, as the iPhone maker's latest filings reveal that it paid no corporate taxes in the United Kingdom last year, despite having pulled in billions of dollars from its European operations.
06/03/2013, 11:06 am
A French professional association that collects revenue for artists' copyrighted works has charged Apple $6.5 million in taxes related to iPad sales in 2011.
05/31/2013, 10:05 pm
Apple co-founder Steve Wozniak feels the recent public scrutiny of the iPhone maker's tax strategies is entirely justified, saying that the corporate tax rules in America are "really not fair."
05/27/2013, 11:05 am
Former U.S. Sen. John E. Sununu authored a newspaper column on Monday blaming the United States Congress, and not Apple, for policies that allow corporations to avoid American taxes.
05/23/2013, 10:05 am
Embroiled in controversy over alleged tax avoidance, Apple is jumping into the fray in Washington, as the iPad maker is reportedly on track to double the amount of money it spends lobbying politicians.
05/22/2013, 03:05 pm
Ireland is in the spotlight following the U.S. Senate's investigation of Apple's alleged tax avoidance, and the low-tax nation is now calling for an international crackdown on tax dodging by multinational corporations.
05/22/2013, 08:05 am
Though they weren't grilled before a U.S. Senate subcommittee on Tuesday like Apple, Google and Yahoo rely on Irish subsidiaries to avoid taxes on billions of dollars in income, and they go one step further than Apple by utilizing offshore accounts.
05/21/2013, 04:05 pm
After Apple chief executive officer Tim Cook and chief financial officer Peter Oppenheimer appeared before the U.S. Senate Permanent Subcommittee on Investigations to explain the tech giant's offshore tax practices, the company has made available the opening statements as read in testimony.