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

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.

Roger Fingas 8 years ago 40

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

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.

Roger Fingas 8 years ago 67

EU presses Apple for details on latest tax arrangements in wake of Paradise Papers

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.

Roger Fingas 8 years ago 82

European Commission takes Ireland to court for failing to collect taxes from Apple

Confirming an earlier report, the European Commission on Wednesday said it will bring Ireland to the European Court of Justice for failing to collect at least $15 billion in back taxes from Apple, which were originally due Jan. 3.

Roger Fingas 8 years ago 63

Ireland could face fine for dragging heels on back taxes from Apple

The European Commission is set to penalize Ireland with a "non-compliance action" for failing to collect up to $17.6 billion in back taxes from Apple, owed after the Commission found the Irish government brokered unfair deals that constituted illegal state aid.

Roger Fingas 8 years ago 23

Irish finance minister decries EU's demand for $15B+ in Apple back taxes, says it's not Ireland's job

In a German interview this week, Ireland's finance minister attacked the European Commission's ruling calling for the collection of $15 billion in back taxes (plus interest) from Apple, saying it was both unjustified and outside Ireland's responsibility.

Roger Fingas 8 years ago 31

Apple & Ireland 'close to deal' to protect government from losses while holding $17.7B in escrow

Apple and the Irish government are reportedly nearing a deal that would shield the latter from losses incurred while holding up to $17.7 billion in Apple cash, including interest — money that may be due in back taxes following a 2016 European Commission ruling.

Roger Fingas 8 years ago 22

EU levels $122M fine against Facebook for misleading info during WhatsApp takeover

The European Union has fined Facebook 110 million euros — about $122 million — for providing "misleading information" during a 2014 review of its WhatsApp acquisition, which raised concerns about data sharing between the two services.

Roger Fingas 9 years ago 3

New EU laws could soften Apple's grip on App Store content and revenue

The European Commission is preparing new regulations that could reduce some of Apple's absolute control over the App Store, in light of the company's position as a "gatekeeper" for customers.

Roger Fingas 9 years ago 36

Irish government spent $467,000 on report defending Apple's tax arrangements

The Irish government spent more than 440,000 euros ($467,000) on a report to defend the tax arrangements between the country and Apple, amid ongoing scrutiny from the European Union.

Malcolm Owen 9 years ago 5

European Commission pleased with Apple's $14 billion tax bill payment progress, despite missed deadline

Apple has missed the deadline to pay the 13 billion euros ($14 billion) the iPhone producer was ordered to pay Ireland in back taxes, but the European Commission is noting that progress is still being made by Apple to comply with its ruling.

Malcolm Owen 9 years ago 17

Apple appeals EU tax ruling, claims Commission 'retroactively changed the rules'

Fulfilling a promise, Apple on Monday formally appealed a tax ruling by the European Commission ordering Ireland to collect at least $13.6 billion in back taxes.

Roger Fingas 9 years ago 30

Irish legislature invites Tim Cook, other Apple execs to hearing on $14.5B EU tax ruling

An Irish legislative committee is reportedly optimistic that Apple CEO Tim Cook will accept an invitation to attend a late January hearing, which will examine the European Commission's ruling that Ireland must collect $14.5 billion in back taxes from the iPhone maker.

Roger Fingas 9 years ago 12

Ireland to submit appeal of EU's $14.5B Apple tax ruling on Wednesday

The Irish government is about to formally submit its appeal of the European Commission's tax ruling on Apple, Finance Minister Michael Noonan announced on Tuesday.

Roger Fingas 9 years ago 12

US Treasury guidance could stop Apple from recouping Irish taxes at home

The U.S. Treasury Department on Thursday issued new legal guidance that might prevent Apple from recouping any back taxes owed in Ireland by claiming them against taxes it would normally pay in America.

Roger Fingas 9 years ago 46

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