Tag: European Union
Apple tax ruling not an attack on US, says European commission chief
Jean-Claude Juncker states EU choice to strike Apple with 13bn tax expense was not unjust effort to single out United States companies Claims that an EU choice to present Apple with a 13bn (11bn) tax costs was created as an attack on the United States have actually been turned downRead More
Europe, Apple, and the money burning a hole in Silicon Valleys wallet
Corporate America holds a surprising $1.2 trillion overseas or it did up until Brussels stepped in recently. At long last, will that money be getting home? T hree years back, Apple manager Tim Cook was emphatic. Appearing prior to significant intervention of Europes competitors commissioner Margrethe Vestager appeared to takeRead More
Why EU state aid is not the right tool to fight tax avoidance
Rather than pursuing business such as Apple for exactly what they performed in the past, we ought to concentrate on forming a reasonable tax system for the future N obody will implicate me of being lax on state help enforcement. In 2008, when European Union member states will start aRead More
Apple to shareholders: order to pay back $14.5bn in taxes will be overturned
iPhone maker informs investors it does not think about the European commissions choice last and does not anticipate any near-term effect on our monetary outcomes Tech huge Apple informed investors it did rule out the European commissions choice to gather financier relations page , the business stated it did notRead More
US warns Europe over plan to demand millions in unpaid taxes from Apple
United States Treasury states examinations into supposed tax avoidance by United States business consisting of Amazon and Starbucks might develop regrettable precedent The United States has actually alerted the European commission that it will think about striking back if Brussels proceeds with strategies to require billions of dollars in unsettledRead More
Privacy Shield deal lets US tech firms transfer European customers’ data again
After much hold-up from monitoring issues, the EU accepted Privacy Shield, a brand-new information transfer offer that will impact Facebook, Google and other United States tech companies Governments throughout the European Union have actually lastly okayed to a brand-new offer on how customer information should be moved with the UnitedRead More
