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Topic: EU

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.


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.


Weak US Dollar will supercharge Apple's already hot overseas revenues

01/31/2018, 01:01 pm

Over the past year, the weakening U.S. dollar has created an increasingly favorable currency exchange environment boosting the value of Apple's foreign revenues as stated in dollars. That will have a significant impact on the company's quarterly earnings reported tomorrow.


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.


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.


Apple wins block against European trademark for Xiaomi's Mi Pad

12/05/2017, 09:12 am

Apple on Tuesday won a years-long bid to stop Xiaomi from trademarking the name of its Mi Pad tablet in the European Union, which Apple argued was too similar to iPad.


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.


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."


France and Germany seek to plug tax loopholes exploited by Apple, other tech firms

08/07/2017, 06:08 pm

France is working with Germany on European Union reforms aimed at plugging loopholes U.S. technology companies like Apple use to minimize taxes, tactics that give foreign entities a leg up on local competition.


Ireland gearing up escrow fund, government supervision for $15.2B tax payment from Apple

07/24/2017, 12:07 pm

Nearly a year after the initial declaration, Ireland is making ready to receive a $15.2 billion tax payment from Apple, and hold it in secure escrow until appeals end.


App Store price increases mandated by Apple now in effect in EU, with new 0.49 euro tier

05/02/2017, 10:05 am

Apple has made good its promises to increase App Store pricing in the European Union, with pricing including a pair of new low-cost tiers in effect since Tuesday morning's refresh.


UK's BT publicly supports Google, fears Apple dominance, in EU Android antitrust case

02/06/2017, 04:02 pm

Google has received some support in's ongoing Android antitrust case with the European Commission from British Telecom, with the U.K. communications giant allegedly getting involved to help prevent Apple from becoming too dominant in the smartphone market.


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.


Apple joins wide array of tech companies in fight to kill EU's 'Cookie Law'

07/06/2016, 12:07 pm

Apple and a cadre of other tech companies are fighting the European Union's so-called "Cookie Law," lobbying the organization for more refined laws that aim to strike a balance between user privacy and data collected by providers.


How the UK's Brexit vote to leave Europe affects Apple

06/24/2016, 11:06 pm

Yesterday's referendum on the United Kingdom exiting the European Union was widely expected to fail, but instead surprised markets globally by narrowly passing. The Euro and British Pound both subsequently dropped significantly, and markets worldwide recoiled in shock. Here's a look at how will this affect Apple going forward.