Breaking News

SAMA Expands CPU Cooling Lineup with A60 and A40 Series Air Coolers for Gaming and Creator PCs The Lockerstor 12R Pro Gen2 and 16R Pro Gen2 are Here! TRUSTA Highlights SSD Power Efficiency for AI Servers at OCP APAC 2025 XPG Launches VALOR NANO Compact Cases with the All-New PYMCORE SFX PSU Speedlink announces illuminated mechanical 60% gaming keyboard

logo

  • Share Us
    • Facebook
    • Twitter
  • Home
  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map

Search form

Europe Says Ireland Helped Apple Pay Less Taxes

Europe Says Ireland Helped Apple Pay Less Taxes

Enterprise & IT Sep 30,2014 0

The European Commission (EC) has told Ireland it believes it gave illegal state aid to Apple. In a letter published today and originally sent to the country in June, the EC is accusing Irland of helping the computer giant through special tax arrangements. The European Union has accused Ireland of giving Apple illegal state aid through tax arrangements, which helped the iPhone maker shelter tens of billions of dollars in international revenues from tax.

In the letter, European Competition Commissioner Joaquin Almunia told the Dublin government that tax deals agreed in 1991 and 2007 appeared, in his preliminary view, to amount to state aid that broke EU laws and could be clawed back from the U.S. company.

"The Commission is of the opinion that through those rulings the Irish authorities confer an advantage on Apple," Almunia wrote to Ireland in the letter, which was dated June 11.

The Irish government and Apple have long denied any deals were agreed.

Ireland's corporate tax rate is set at 12.5%, but Apple enjoys an effective rate of tax of 2%, due to the way it channels overseas sales through its subsidiaries.

Tags: Apple
Previous Post
Google To Unveil New Music Services
Next Post
Pioneer Develops Rearview Mirror Telematics Unit With LTE Connectivity

Related Posts

  • Apple unveils Mac Studio featuring M4 Max and new M3 Ultra

  • Apple introduces iPad Air with powerful M3 chip and new Magic Keyboard

  • Apple debuts iPhone 16e

  • Apple introduces M4 Pro and M4 Max and new MacBook Pro

  • Apple unveils the new iMac with M4, supercharged by Apple Intelligence and available in fresh colors

  • Apple introduces powerful new iPad mini built for Apple Intelligence

  • Apple expands Self Service Repair Diagnostics support to Europe

  • Canon developing new RF-S 7.8mm F4 STM DUAL lens for EOS R7 camera for recording spatial video for Apple Vision Pro

Latest News

SAMA Expands CPU Cooling Lineup with A60 and A40 Series Air Coolers for Gaming and Creator PCs
Cooling Systems

SAMA Expands CPU Cooling Lineup with A60 and A40 Series Air Coolers for Gaming and Creator PCs

The Lockerstor 12R Pro Gen2 and 16R Pro Gen2 are Here!
Enterprise & IT

The Lockerstor 12R Pro Gen2 and 16R Pro Gen2 are Here!

TRUSTA Highlights SSD Power Efficiency for AI Servers at OCP APAC 2025
Enterprise & IT

TRUSTA Highlights SSD Power Efficiency for AI Servers at OCP APAC 2025

XPG Launches VALOR NANO Compact Cases with the All-New PYMCORE SFX PSU
Cooling Systems

XPG Launches VALOR NANO Compact Cases with the All-New PYMCORE SFX PSU

Speedlink announces illuminated mechanical 60% gaming keyboard
PC components

Speedlink announces illuminated mechanical 60% gaming keyboard

Popular Reviews

be quiet! Light Loop 360mm

be quiet! Light Loop 360mm

be quiet! Dark Mount Keyboard

be quiet! Dark Mount Keyboard

be quiet! Light Mount Keyboard

be quiet! Light Mount Keyboard

Noctua NH-D15 G2

Noctua NH-D15 G2

Soundpeats Pop Clip

Soundpeats Pop Clip

be quiet! Light Base 600 LX

be quiet! Light Base 600 LX

be quiet! Pure Base 501

be quiet! Pure Base 501

Terramaster F8-SSD

Terramaster F8-SSD

Main menu

  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map
  • About
  • Privacy
  • Contact Us
  • Promotional Opportunities @ CdrInfo.com
  • Advertise on out site
  • Submit your News to our site
  • RSS Feed