Apple will this week file its appeal of a European Commission decision that it owes Ireland billions in back taxes, while the latter's Department of Finance has revealed details of its own appeal, according to a report from Reuters. Margrethe Vestager, the European Commissioner for Competition, said on August 30 that Apple must pay up to...
Apple and US automakers could be forced to suffer should president-elect Donald Trump decide to play hardball with China over trade. An editorial from the state-run Chinese newspaper Global Times – via The Guardian– included a thinly veiled threat of repercussions if the incoming 45th president of the United States follows through on his threat...
Apple and many other technology companies could gain from President-elect Donald Trump's support of a one-time repatriation of U.S. companies' corporate profits held overseas, but only if the idea get enacted by a still-Republican-held Congress, according to a report from the Financial Times. Trump has proposed a 10% repatriation tax on profits of US corporate...
The ruling on Apple’s tax affairs in Ireland was originally expected last Christmas, but was postponed. Today however, Bloomberg has posted on the European Commission’s probe on their tax affairs, citing EU competition chief Margrethe Vestager and suggesting that it won't come anytime soon. “Don’t hold your breath,” she told reporters in Brussels on Monday...
