Saturday, April 21, 2018
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
ZTE's Nubia Red Gaming Phone Released
LG Display's OLED Smartphone Screens Still Not Ready For Apple
Nintendo Labo Kits Now Available
June's VLSI Symposium Focuses on Next Generation Transistor Technology and MRAM
Samsung Not Interested in Nokia's Health Unit
ZTE Says Company's Survival at Risk
2nd Generation AMD Ryzen Desktop Processors Arrive to Offer Great Value
Lenovo Unveils New moto g6 and moto e5 Smartphones
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > General Computing > Apple t...
Last 7 Days News : SU MO TU WE TH FR SA All News

Monday, December 04, 2017
Apple to Pay Ireland 13 Billion Euros As Part of Uncollected Taxes


Ireland will begin collecting €13 billion ($15.46 billion) in back taxes from Apple by early next year after both sides agreed to the terms of an escrow fund for the money.

"We have now reached agreement with Apple in relation to the principles and operation of the escrow fund," Ireland;s Finance Minister Paschal Donohoe said on Monday.

The European Union in 2016 ordered Dublin to retrieve the billions of euros from Apple in uncollected taxes, which the EU said Apple avoided paying with the help of favorable tax deals from Ireland.

The European Commission said the record sum was the result of Apple receiving unfair tax incentives from Ireland. EU said the previous tax deal with Ireland had allowed Apple to pay almost zero tax on European profits between 2003 and 2014

Both Dublin and Apple have challenged the EU order.



Previous
Next
Toshiba Releases 10TB NAS-Class Hard Drive        All News        WD Announces New Line of SanDisk 3D iNAND Embedded Flash Devices
Youtube Adds More Video Reviewers to Combat Abuse     General Computing News      Facebook Introduces Messenger for Kids

Get RSS feed Easy Print E-Mail this Message

Related News
LG Display's OLED Smartphone Screens Still Not Ready For Apple
Apple Said to Release News Subscription Service
Apple Caught Employees and Contractors Leaking Company's Unannounced Projects
Apple introduces iPhone 8 and iPhone 8 Plus (PRODUCT)RED Special Edition
Future iPhones Said to Have Touchless Controls and Curved Screens
Intel Under Pressure as Report Says Apple is Designing its Own Chips for Macs
Apple iOS 11.3 Update Brings Privacy Tools Ahead of GDPR
Low-Cost iPad For Classrooms Coming Next Week
New Apple Watch Bands Feature Spring Colors and Styles
Apple Is Developing Its Own Micro-LED Screens
Apple's Worldwide Developers Conference Kicks off June 4
Apple Music Has 38 million Subscribers, Company Says

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2018 - All rights reserved -
Privacy policy - Contact Us .