Grand Court nixes U.S. government’s efforts to back Apple in ongoing taxes brouhaha

Grand Court nixes U.S. government’s efforts to back Apple in ongoing taxes brouhaha

The European Union’s Grand Court has rejected an U.S. government request to intervene in Apple’s fight against an EU order on back taxes. The Cupertino, California-based company is appealing an order to pay approximately $15.3 billion in back taxes to Ireland due to illegal tax breaks. 

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Republican tax reform bill could shave up to $47 billion from Apple’s tax bill

Republican tax reform bill could shave up to $47 billion from Apple’s tax bill

Apple may see up to $47 billion removed from its tax bill if Republicans continue with their current (and very controversial) tax reform plan, according to Fortune. This would make the tech giant the biggest beneficiary of the legislation that’s currently before Congress.

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