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Topic: Taxes

Apple & Ireland head to court to battle $14.4B EU back tax on Sept. 17

08/16/2019, 09:08 am

The battle between Apple and the European Commission over the iPhone maker's tax affairs with Ireland will be heading to court in September, with the legal challenge set to determine whether Apple will be paid back any of its 13 billion ($14.4 billion) back tax payment.

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Apple now responsible for 2.4 million US jobs

08/15/2019, 04:08 pm

Through its own staff, those of suppliers and developers, Apple has grown to support 2.4 million jobs across all 50 states. It's an increase of four times since 2011, and sees the company contributing $60 billion to the economy annually.

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France approves digital tax measures against Apple despite US pressure

07/13/2019, 12:07 pm

The French government has approved proposals for a tax on digital services, one that affects Apple and other major tech companies, despite concern the measure is unfairly targeting US-based companies in a bid to claw back tax revenue.

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U.S. to investigate planned French tax on Apple, other tech giants [u]

07/10/2019, 05:07 pm

President Donald Trump is planning to launch a probe into France's intent to implement a digital tax initiative targeting large internet companies, an investigation that could lead to tariffs or trade restrictions.

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Apple's Irish tax escrow investments lost 16M euro in 2018

07/04/2019, 11:07 am

Ireland's investment of escrowed back taxes paid by Apple on the orders of the European Commission are not performing as well as they could be, with a report claiming the fund declined in value by 16 million euros last year.

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Ireland invests Apple's collected back taxes in low-risk bonds

07/01/2019, 12:07 pm

As a way of keeping up value pending appeals, the Irish government has reportedly invested the back taxes the European Commission ordered it to collect from Apple into low-risk securities.

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G20 countries agree to work on new rules to curb corporate tax loopholes

06/09/2019, 09:06 am

The coalition of countries known as the G20 will be working to make tech companies like Apple and Google pay a fairer amount of tax, after agreeing there is a need to implement new tax rules to prevent major organizations from working around existing laws to pay as little tax as possible.

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Apple ranks as Ireland's biggest company thanks to funneled international income

05/09/2019, 12:05 pm

Apple has claimed the top spot on an Irish Times list of the country's biggest companies in 2019, if largely because of its tax avoidance strategy.

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Multinational tech giants like Apple often 'pay taxes nowhere,' says German minister

04/11/2019, 09:04 am

The world's biggest multinational tech companies, Apple among them, are escaping much of their fair tax burden, German Finance Minister Olaf Scholz said in an interview this week.

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Key EU countries block draft of digital tax on tech corporations like Apple

04/08/2019, 09:04 am

This weekend, Sweden, Finland, Ireland and Denmark blocked a draft proposal of tax that would affect major tech corporations operating in the European Union.

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European Union digital tax on Apple, Google, Amazon unlikely to be enacted

03/06/2019, 11:03 am

The European Union appears to be abandoning plans for a tax on digital services, which at one point would have impacted Apple's sales along with the likes of Amazon, Google, and Facebook.

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Apple agrees to pay French government $571M in back taxes

02/05/2019, 07:02 am

Apple has made an agreement with the French government to make a payment reported to be around 500 million euros ($571 million), to cover back taxes owed by the iPhone producer to the country, following the completion of a lengthy audit.

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Apple's Australian tax bill falls to $164M despite rising profits

01/25/2019, 11:01 am

Apple's Australian tax bill dropped AUD$18.8 million to $164 million in 2018, despite revenues climbing from $8.04 billion to $9.08 billion, and gross profits rising from $756 million to $900 million, a report revealed on Friday.

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New year, new deals: $259 Apple HomePods; $355 128GB 2018 iPads; H&R Block tax software for Mac $18

01/01/2019, 12:01 pm

Ringing in the new year, retailers are offering cash discounts on HomePods, MacBook Pros and iPads with discounts of up to $280 off. Ready to tackle tax prep? H&R Block Deluxe + State 2018 is on sale for $17.98 today only while supplies last.

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Austria looking at raising taxes on Apple amidst European disagreement

12/31/2018, 09:12 am

Having failed to get all 28 European Union countries to back a plan to tax the likes of Apple and Amazon, the Austrian Chancellor has announced plans to follow France in implementing new national taxes on tech giants starting in 2020.

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No HomePod, politics, bug extermination and more -- Apple's January 2018 in review

12/26/2018, 07:12 am

Apple was busy in January 2018 with legal cases, Warhol's Apple logo art, Apple Music successes, and working hard to get us the HomePod. AppleInsider revisits the very start of 2018, the year that would see Apple become the most valuable company in the world on paper -- for a while.

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France to hit Apple, other tech giants with new digital tax in January

12/17/2018, 10:12 am

France will introduce a new tax aimed at major technology companies, including Apple, Google, Amazon, and Facebook, with the digital tax attempting to extract funds from the tech giants while other efforts to reform European tax law are underway.

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UK government plans 'Digital Services Tax' applied against Apple and other tech giants

10/29/2018, 02:10 pm

The government of the United Kingdom has announced plans to claw more tax revenue from Apple and other tech giants, with a proposed "Digital Service Tax" on 2 percent of all revenues derived from UK-based users that could be implemented in April 2020.

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Apple & other tech giants may face EU universal minimum tax rate in the future

10/22/2018, 07:10 am

Apple and other major companies should be subjected to a minimum rate of corporation tax in all countries, Germany's finance minister has proposed, in order to prevent technology giants and other multinational organizations from evading taxes, despite the multinationals presently obeying all the laws presently in place.

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B&H is set to collect sales tax in 20 more states, grab Apple deals before the changes take effect

10/06/2018, 08:10 pm

On the heels of June's Supreme Court ruling allowing states to collect sales tax on online purchases from out-of-state sellers that do not have a physical presence in the state, B&H Photo, an Apple authorized reseller, will begin collecting sales tax in 15 additional states starting in October.

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