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1991 – Irish State agreed the first tax deal with Apple Inc (one of the two rulings cited by the EU Commission). 2007 – Original 1991 tax agreement is re-negotiated with Irish State (the second ruling cited by the EU Commission). 2013 – US Senate subcommittee examines offshore profit shifting and tax avoidance by Apple Inc. [36]
Apple might end up on the hook after all for billions of euros in back taxes to Ireland in the latest twist in a longrunning European Union dispute, following a legal opinion Thursday from an ...
The European Commission in its 2016 decision said Apple benefited from two Irish tax rulings for more than two decades that artificially reduced its tax burden to as low as 0.005% in 2014.
Since the EU order in 2016, Ireland has made a number of changes to its corporate tax code and did the once unthinkable by dropping opposition to giving up its prized 12.5% corporate tax rate as ...
In May 2013, Apple's Irish tax practices were questioned by a U.S. bipartisan investigation of the Senate Permanent Subcommittee on Investigation. [236] The investigation aimed to examine whether Apple used offshore structures, in conjunction with arrangements, to shift profits from the U.S. to Ireland. [237]
The case In re Apple iPod iTunes Antitrust Litigation was filed as a class action in 2005 [9] claiming Apple violated the U.S. antitrust statutes in operating a music-downloading monopoly that it created by changing its software design to the proprietary FairPlay encoding in 2004, resulting in other vendors' music files being incompatible with and thus inoperable on the iPod. [10]
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The European Commission in 2016 ordered Apple to pay 13 billion euros ($14.4 billion) in back taxes to Ireland, saying that the iPhone maker benefited from two Irish tax rulings for over two ...