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MacSurfer's Archive: Tuesday, August 30, 2016
 

 

Apple/Macintosh
  • "A Message to the Apple Community in Europe" ["Over the years, we received guidance from Irish tax authorities on how to comply correctly with Irish tax law — the same kind of guidance available to any company doing business there. In Ireland and in every country where we operate, Apple follows the law and we pay all the taxes we owe. ... The Commission's move is unprecedented and it has serious, wide-reaching implications. It is effectively proposing to replace Irish tax laws with a view of what the Commission thinks the law should have been. This would strike a devastating blow to the sovereignty of EU member states over their own tax matters, and to the principle of certainty of law in Europe. Ireland has said they plan to appeal the Commission's ruling and Apple will do the same. We are confident that the Commission's order will be reversed."]  Apple 7:41 AM
  • "European Commission Opinion of August 30, 2016: Investor FAQ" [1 Page PDF] Apple 9:29 AM
  • "State aid: Ireland gave illegal tax benefits to Apple worth up to €13 billion/The European Commission has concluded that Ireland granted undue tax benefits of up to €13 billion to Apple. This is illegal under EU state aid rules, because it allowed Apple to pay substantially less tax than other businesses. Ireland must now recover the illegal aid."  European Commission 7:44 AM
  • "Apple says will appeal against EU tax decision" Reuters 7:48 AM
  • "Apple Ordered by EU to Repay $14.5 Billion in Irish Tax Breaks: EU says tax deal with Ireland allowed Apple to pay almost zero tax on European profits between 2003 and 2014"  WSJ.com [Paid Membership Required] 7:44 AM
  • "Apple Ordered to Pay Up to $14.5 Billion in EU Tax Crackdown" Bloomberg 8:17 AM
  • "Apple should repay Ireland 13bn euros, European Commission rules" BBC 8:01 AM
  • "EU verdict: Apple received €13bn in illegal tax benefits from Ireland" The Register 8:01 AM
  • "EU demands Apple pay Ireland up to 13 billion euros in tax" Reuters 7:48 AM
  • "Apple Must Pay Billions for Tax Breaks in Ireland, E.U. Orders" New York Times [Free/Paid Registration Required] 7:50 AM
  • "Apple faces record-breaking €13bn penalty over Irish taxes" Financial Times [Paid Membership Required] 7:50 AM
  • "Apple must pay Ireland $14.5 billion in unpaid taxes" IDG News Service 7:48 AM
  • "Apple Hit by Record Tax Payment in EU Crackdown" Bloomberg TV 8:05 AM
  • "Europe hits Apple with $14.6 billion tax bill" CNNMoney 7:50 AM
  • "Apple Found To Have Received Illegal Tax Benefits, Ordered To Pay $14.5 Billion In Back Taxes" Forbes 7:57 AM
  • "Apple: You can have taxes or you can have jobs but you can't have both" Business Insider 7:46 AM
  • "Ireland 'disagrees profoundly' with EU on Apple tax bill" Reuters 7:48 AM
  • "Ireland's Noonan: The EU's Apple Tax Decision Is Wrong" Bloomberg TV 12:37 PM
  • "EU's ruling on Apple will be 'devastating' for European economy, says CFO" CNBC 8:05 AM
  • "U.S. Treasury 'disappointed' with EU ruling on Apple taxes" MarketWatch 8:37 AM
  • "Apple's EU tax dispute explained: The consequences of the commission's complaint and the wider implications of its ruling" Financial Times [Paid Membership Required] 7:50 AM