In its appeal to EU tax ruling, Apple calls itself a “convenient target”

By Christian Zibreg on Dec 19, 2016

Later this week, Apple and the government of Ireland will appeal against the European Union’s $14.5 billion tax ruling targeting Apple’s sweetheart tax deal with Dublin that the EU deemed “illegal state aid.” According to Reuters today, the Cupertino firm will object to the fact that EU regulators ignored established tax experts and common corporate law.

Apple’s legal strategy involves painting itself as a victim of its own success. EU deliberately singled out Apple due to its success and picked a method to maximize the penalty, said Apple’s top lawyer Bruce Sewell. Read More

 

France fines Apple $422 million over its controversial tax practices

By Sébastien Page on Nov 24, 2016

French tax authorities have recently issued Apple a fine in the amount of 400 million euros (about $422 million), according to L’Express. At the core of the adjustment is Apple’s complex and controversial tax optimization scheme that allows the firm to send back the lion share of its profits to tax-friendly countries such as Ireland. Read More

 

Ireland is cheering in favor of Apple in EU state aid tax ruling

By Christian Zibreg on Nov 10, 2016

In August, the European Commission slammed Apple with a tax bill from hell over a sweetheart deal it received from Ireland—which, in the Commission’s view, constitutes “illegal state aid”.

Dublin promptly promised to join Apple’s fight against EU and it’s put its money where its mouth is.

Michael Noonan, Finance Minister in the Irish government, said that Dublin today challenged the EU judgment by submitting an appeal to the European courts in a bid to block the decision, ArsTechnica reports. Read More

 

The government of Ireland will back Apple in its fight against EU’s tax bill from hell

By Christian Zibreg on Sep 2, 2016

Following news earlier this week that the European Commission had ruled that Apple must pay €13 billion ($14.5 billion) in back taxes to the government of Ireland because its sweetheart deal with Dublin that lets it be subjected to a lower tax rate constitutes “illegal state aid,” the Irish government said today it would join Apple in its fight against the ruling.

“Paradoxically, Ireland is determined not to accept the tax windfall, which would be equivalent to what it spent last year on funding its struggling health service,” says the report. Read More

 

Here’s Tim Cook’s message to Apple community regarding massive Irish tax bill

By Christian Zibreg on Aug 30, 2016

The European Commission has ruled that Apple is on the hook for €13 billion ($14.5 billion) in back taxes as its “sweetheart deal” to pay a lower tax rate in Ireland has been characterized as “illegal state aid”.

Apple is going to appeal the ruling and now CEO Tim Cook has penned an open letter, entitled “A Message to the Apple Community in Europe,” in which he explains Apple’s position in this case, writing he is “confident” that the huge tax bill will be reversed. Read More

 

EU orders Apple to pay $14.5 billion in back taxes

By Christian Zibreg on Aug 30, 2016

At a press conference Tuesday, the European Commission’s competition commissioner Margarethe Vestager announced that the European Union has ordered the government of Ireland to collect up to €13 billion, or about $14.5 billion, in back taxes from Apple. The sum represents Europe’s largest tax penalty and a significant increase over the 1 billion figure floated around ahead of the ruling.

Apple will appeal the decision. Read More

 

European Commission to reportedly rule against Apple’s sweetheart tax deal with Ireland

By Christian Zibreg on Aug 29, 2016

According to a 130-page judgment seen by The Financial Times, the European Commission (EC) is set to rule Tuesday against Apple’s sweetheart tax deal it struck with the government of Ireland back in 1999.

The Commission is reportedly set to demand that Ireland recoup over 1 billion euros in back taxes from the iPhone maker, or circa $1.12 billion.

“Apple will on Tuesday be hit with Europe’s largest tax penalty after Brussels ruled that the company received illegal state aid from Ireland,” warns the financial newspaper. Read More

 

Apple given go-ahead to start building its massive $1 billion data center in Ireland

By Christian Zibreg on Aug 12, 2016

Following months of back and forth between Apple and Ireland’s independent planning body An Bord Pleanála, plans for a massive $1 billion data center in Galway County have been approved, reports Business Insider. “Despite opposition from a number of individuals and local businesses,” Apple’s been granted the go-ahead to build the first stage of the data center on a 197-hectare site.

The facility will support Apple’s online services for customers in Europe, including the iTunes Store, App Store, iMessage, Maps and Siri. Read More

 

Apple to expand key Irish operation as demand for products grows

By Christian Zibreg on May 11, 2015

Apple is considering a major expansion of its key Irish operation just months after completing a massive €300 million (about $335 million) development in the country, according to Independent.ie Monday.

Already employing more than 4,000 people in Ireland and its Cork plant in Hollyhill, the latest expansion should deliver a multi-million euro boost to the move. Read More

 

EU probe of Irish tax policy could have ‘material’ impact on Apple

By Cody Lee on Apr 29, 2015

The European Commission’s investigation into Ireland’s tax deals for multinational corporations could have a “material” impact on Apple, the company said in a 10Q filing to the S&E Commissions this week. If it’s determined that Dublin’s tax policies represented unfair state aid, the Cupertino firm could suffer significant losses. Read More

 
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