Search results
Results from the WOW.Com Content Network
Apple's unusual Cork plant should be seen in the context of the job thresholds Ireland places on US multinationals making use of the main Irish BEPS tools (see Corporation tax in the Republic of Ireland § Low tax economy for discussion), which provide effective Irish tax rates of 0–2.5%, but require specific employment quotas; and give more ...
Apple lost a long-running court battle with the European Union on Tuesday, resulting in the company being forced to pay 13 billion euros ($14.4 billion) in back taxes to Ireland, as part of a ...
Ireland had fought the EU back-tax bill alongside Apple since 2016, seeking to defend its position as the location of choice for U.S. multinationals in Europe - and the billions of euros in direct ...
After a multi-year investigation, the European Commission ruled the technology giant received unfair and illegal tax breaks in Ireland. European Commission orders Apple to pay $14.5 billion Skip ...
The EU Commission's diagram of Apple's "Double Irish" BEPS tool Margrethe Vestager, announcing Apple's €13 billion fine for Irish taxes avoided from 2004 to 2014 via an illegal "Double Irish" BEPS scheme. By 2017, Apple was Ireland's largest company, and post leprechaun economics, accounted for over one quarter of Irish GDP growth.
The U.S. administration condemned Apple's Irish tax structures in the 2013 Levin–McCain PSI, [59] [60] [61] however, it came to Apple's defense when the EU Commission levied a €13 billion fine on Apple for Irish tax avoidance from 2004 to 2014, the largest corporate tax fine in history, arguing that Apple paying the full 12.5% Irish ...
Ireland spent €10 million in government funds on legal fees defending Apple’s tax situation in the country before the EU ruled against the tech giant. ... It may raise questions about Ireland ...
In June 2014, the EU Commission launched an investigation into Apple's tax practices in Ireland for the period 2004–2014, whose summary findings were published on 30 August 2016 in a 4–page press release; [115] with a 130–page report, including partially redacted information on Apple's Irish business (e.g. profits, employees, Board ...