01/26/2016, 09:01 am
Apple Australia recorded a gross tax rate of slightly more than 1 percent in 2015, Australian government records indicate, focusing attention once again on the iPhone maker's international tax strategy.
01/21/2016, 03:01 pm
Earlier on Thursday Apple CEO Tim Cook attended a private meeting in Brussels with Margrethe Vestager, the head of the European Commission's antitrust efforts, presumably in an attempt to diminish the chances of owing billions in back taxes because of the company's Irish tax deals.
01/21/2016, 10:01 am
Ireland's left-leaning Sinn Fein party could hold Apple accountable for taxes owed following a still-ongoing European Commission investigation, according to a party finance spokesman.
12/30/2015, 09:12 am
To settle charges that it failed to pay corporate taxes, Apple will pay Italy's tax agency some 318 million euros -- about $348 million -- and sign an accord on managing its liabilities from the 2015 fiscal year onwards, a report said on Wednesday.
12/18/2015, 03:12 pm
The full interview between Charlie Rose and Apple Chief Executive Tim Cook will air this Sunday, but CBS has posted a teaser clip from the conversation, in which Cook again defended his company's tax policies, stating that they pay more than any other company in a "backwards" system.
10/21/2015, 11:10 am
The European Union has ruled that Fiat Chrysler and Starbucks must each pay up to 30 million euros, or about $34 million, in back taxes -- a decision that could foreshadow similar findings against Apple and Amazon.
10/05/2015, 12:10 pm
The Irish government has an "indication" the European Commission will decide whether its tax arrangements with Apple violated state aid rules by the end of the year, it was revealed on Monday.
08/16/2015, 07:08 pm
Apple, Google and other large multinational corporations conducting operations in Australia might soon see their annual tax payments made public as a result of a government inquiry into corporate tax dodgers.
07/22/2015, 03:07 pm
Apple, Google, and other major U.S.-based multinationals may soon be able to bring more of their foreign-earned income back to American shores without facing a huge tax burden, as lawmakers are moving forward on a tax reform framework that could eliminate taxes on international earnings and authorize a one-time repatriation holiday.
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.