Officials from 137 governments have begun work on new international tax rules for tech giants. The new rules will be designed to ensure that tech companies pay tax in each of the countries in which they operate, preventing them from funneling profits through to a low-tax country.
Ireland Stories January 31
Ireland Stories January 20
While there, Cook indirectly addressed criticism of Apple’s use of Ireland as its European HQ in order to reduce its tax bill in Europe…
Ireland Stories October 9, 2019
Apple and other tech giants will in future be required to pay tax in each country in which they sell products and services. Apple, for example, will no longer be able to funnel profits from all European Apple Stores through Ireland as a means of avoiding tax in the countries where the products are actually sold.
The plans were announced by the Organisation for Economic Cooperation and Development (OECD), following more than 130 countries agreeing on the need for global tax reform…
Ireland Stories September 18, 2019
Ireland Stories September 17, 2019
The two-day Irish tax appeal is underway, with both Apple and Ireland appealing against a ruling that the Cupertino company must pay €13B ($14.3B) in underpaid tax over more than two decades.
Apple isn’t pulling any punches, its lawyer arguing that the ruling ‘defies reality and common sense’ …
Ireland Stories September 16, 2019
Apple’s appeal against the €13 billion ($14.3 billion) Irish tax ruling is due to begin tomorrow, and chief financial officer Luca Maestri is reported to be heading the team.
Apple is reportedly taking five other execs to help the company make its case in a court case scheduled to last just two days…