Breaking News

DeepCool Launches the LT360 VISION ARGB Noctua and Asetek Announce Flagship AIO Liquid Coolers Toshiba Begins Sampling of 30-34 TB SMR Nearline Hard Disk Drives ASUS ROG Strix Laptop Lineup Returns With the Latest Intel Core Ultra 9 290HX Plus Processors EnGenius Brings AI-Powered Analytics and Sophisticated Cloud Management to Existing ONVIF Cameras

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 introduces AirPods Max 2

  • Apple introduces the new M5 Pro/Max powered laptops and new Studio Display

  • Apple introduces iPhone 17e and new new iPad Air

  • Apple introduces new AirTag with expanded connectivity range and improved findability

  • Apple introduces Digital ID

  • Apple unleashes M5 CPU and new devices

  • Apple debuts iPhone 17, Pro, Max, Air, Watch Series 11, Watch Ultra 3, Watch SE 3, AirPods Pro 3

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

Latest News

DeepCool Launches the LT360 VISION ARGB
Cooling Systems

DeepCool Launches the LT360 VISION ARGB

Noctua and Asetek Announce Flagship AIO Liquid Coolers
Cooling Systems

Noctua and Asetek Announce Flagship AIO Liquid Coolers

Toshiba Begins Sampling of 30-34 TB SMR Nearline Hard Disk Drives
Enterprise & IT

Toshiba Begins Sampling of 30-34 TB SMR Nearline Hard Disk Drives

ASUS ROG Strix Laptop Lineup Returns With the Latest Intel Core Ultra 9 290HX Plus Processors
Gaming

ASUS ROG Strix Laptop Lineup Returns With the Latest Intel Core Ultra 9 290HX Plus Processors

EnGenius Brings AI-Powered Analytics and Sophisticated Cloud Management to Existing ONVIF Cameras
Enterprise & IT

EnGenius Brings AI-Powered Analytics and Sophisticated Cloud Management to Existing ONVIF Cameras

Popular Reviews

be quiet! Dark Mount Keyboard

be quiet! Dark Mount Keyboard

be quiet! Light Mount Keyboard

be quiet! Light Mount Keyboard

Akaso 360 Action camera

Akaso 360 Action camera

Dragon Touch Digital Calendar

Dragon Touch Digital Calendar

be quiet! Pure Loop 3 280mm

be quiet! Pure Loop 3 280mm

Noctua NF-A12x25 G2 fans

Noctua NF-A12x25 G2 fans

Arctic Liquid Freezer III 360 Pro Argb

Arctic Liquid Freezer III 360 Pro Argb

Soft2bet and the unseen hardware that makes instant play possible

Soft2bet and the unseen hardware that makes instant play possible

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