Law December 14, 2015

AAPL: 112.48

-0.70
Stock Chart

The long-running investigation into the legality of Apple’s tax arrangements in Ireland has been expanded, with the European Commission now seeking additional information from the Irish government, reports the FT. This means that the investigation is likely to be extended well into next year. A ruling had originally been expected before the end of the year.

While Irish authorities had expected the case to be concluded soon, they have instead been sent bulky sets of supplementary questions, meaning it will be difficult to reach a final verdict until after the 2016 election, which is expected as early as February […]

The Irish finance ministry confirmed that the government was supplying the requested additional information to the commission. “We do not expect any decision until after the new year,” said a spokesman.

If the ruling goes against Apple, it could face a bill for billions of Euros in underpaid tax …

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Law November 27, 2015

AAPL: 117.81

-0.22
Stock Chart

Law November 4, 2015

AAPL: 122.00

-0.57
Stock Chart
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Law November 3, 2015

AAPL: 121.18

1.68
Stock Chart

With Apple Pay, Google Wallet and other services transforming the way people carry out transactions, Apple has joined forces with four other companies to ensure that lawmakers don’t end up ‘inadvertently’ stifling innovation in the financial services field.

Technology industry leaders Amazon, Apple, Google, Intuit and PayPal today announced the formation of Financial Innovation Now, a coalition that will promote policies to help foster greater innovation in financial services.

While the new organization uses relatively diplomatic language, it’s pretty clear that the aim is to ensure that politicians don’t screw things up by introducing poorly thought-out legislation, like the infamous example proposed by Democratic Rep. Joshua Peters …  expand full story

Law July 8, 2015

Law June 30, 2015

A federal appeals court today has upheld the 2013 ruling in Apple’s long-winded and high-profile ebooks case. The case, which centered around Apple price fixing content in the iBooks store, went through three years of litigation thanks mostly to Apple. Today’s ruling by a federal appeals court will see Apple pay $450 million in damages at long last.

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