ahlam1399
07-13-2016, 09:48 PM
http://cdn.macrumors.com/article-new/2015/12/Apple-EU-250x101.jpgA decision in the European Commission probe of Apple (http://www.macrumors.com/2014/06/11/apple-tax-eu-probe/)'s alleged "sweetheart tax deal" in Ireland is expected to be reached by September or October, according to Ireland's finance minister Michael **onan (via Reuters (http://www.reuters.com/article/us-eu-apple-taxavoidance-idUSKCN0ZT1WH))."Commissioner Vestager indicated to me that there wouldn't be a decision in July but there would probably be a decision early in the autumn. My expectation is September or early October," Michael **onan told a news conference after meeting antitrust chief Margrethe Vestager on Tuesday.Apple is accused of sheltering tens of billions of dollars in Ireland in exchange for creating jobs in the country, a deal that could be considered illegal state aid (http://www.macrumors.com/2014/09/30/eu-ireland-apple-illegal-state-aid-taxes/). The company operates multiple subsidiaries in Ireland to pay significantly less tax outside of the U.S., where it earns up to two-thirds of its revenue.
Apple's $64.1 billion in profits generated from 2004 to 2012 could be subject to a higher 12.5% tax rate, compared to the less than 2% that it pays, in which case it could owe more than $8 billion in back taxes (http://www.macrumors.com/2016/01/15/apple-8-billion-back-taxes-europe/). Apple insists that it is the largest taxpayer in the world (http://www.macrumors.com/2016/03/14/apple-brussels-hearing-eu-tax-deal/) and pays every cent of tax it owes under current laws.
A decision in the tax probe was originally expected in late 2015, but the European Commission's request for additional information pushed the investigation into 2016 (http://www.macrumors.com/2015/12/14/apple-eu-irish-tax-probe-extended-early-2016/). Apple is one of several multinational corporations to be scrutinized for corporate tax avoidance in Europe recently, alongside Google, McDonald's, IKEA, and others.
Tags: corporate tax (http://www.macrumors.com/roundup/corporate-tax/), European Commission (http://www.macrumors.com/roundup/european-commission/), Europe (http://www.macrumors.com/roundup/europe/), Ireland (http://www.macrumors.com/roundup/ireland/)
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أكثر... (http://www.macrumors.com/2016/07/13/eu-apple-tax-probe-decision-by-october/)
Apple's $64.1 billion in profits generated from 2004 to 2012 could be subject to a higher 12.5% tax rate, compared to the less than 2% that it pays, in which case it could owe more than $8 billion in back taxes (http://www.macrumors.com/2016/01/15/apple-8-billion-back-taxes-europe/). Apple insists that it is the largest taxpayer in the world (http://www.macrumors.com/2016/03/14/apple-brussels-hearing-eu-tax-deal/) and pays every cent of tax it owes under current laws.
A decision in the tax probe was originally expected in late 2015, but the European Commission's request for additional information pushed the investigation into 2016 (http://www.macrumors.com/2015/12/14/apple-eu-irish-tax-probe-extended-early-2016/). Apple is one of several multinational corporations to be scrutinized for corporate tax avoidance in Europe recently, alongside Google, McDonald's, IKEA, and others.
Tags: corporate tax (http://www.macrumors.com/roundup/corporate-tax/), European Commission (http://www.macrumors.com/roundup/european-commission/), Europe (http://www.macrumors.com/roundup/europe/), Ireland (http://www.macrumors.com/roundup/ireland/)
Discuss this article (http://forums.macrumors.com/threads/eu-apple-tax-probe-decision-by-october.1982569/) in our forums
http://feeds.feedburner.com/~ff/MacRumors-All?d=6W8y8wAjSf4 (http://feeds.macrumors.com/~ff/MacRumors-All?a=kq8OHmiT09w:FrtQjLAqd2E:6W8y8wAjSf4) http://feeds.feedburner.com/~ff/MacRumors-All?d=qj6IDK7rITs (http://feeds.macrumors.com/~ff/MacRumors-All?a=kq8OHmiT09w:FrtQjLAqd2E:qj6IDK7rITs)
http://feeds.feedburner.com/~r/MacRumors-All/~4/kq8OHmiT09w
أكثر... (http://www.macrumors.com/2016/07/13/eu-apple-tax-probe-decision-by-october/)