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.
05/21/2013, 11:05 am
Appearing before a U.S. Senate subcommittee on Tuesday, Apple Chief Executive Tim Cook defended his company as a proud American business that pays more in taxes than any other U.S. corporation.
05/21/2013, 10:05 am
In opening remarks of a hearing Tuesday morning, the U.S. Senate Permanent Subcommittee on Investigations accused Apple of being the mastermind of elaborate tax avoidance practices that are unique to the iPhone maker.
05/21/2013, 08:05 am
With Apple under fire for its low international tax rate thanks to corporate subsidiaries housed in Ireland, the Irish government has spoken out on the matter, saying its laws are not to blame.
05/20/2013, 06:05 pm
Just hours after Apple published the full testimony which CEO Tim Cook plans to give to the Permanent Subcommittee on Investigations in the U.S. Senate, the government body issued its own findings on the company's offshore tax practices, saying subsidiaries were used to purposefully avoid paying billions of dollars in domestic taxes.