Apple says ‘no, thanks’ to an invite to EU lawmakers’ hearing

Apple says ‘no, thanks’ to an invite to EU lawmakers’ hearing

Apple has turned down an invitation to an European Union lawmakers’ hearing, saying it doesn’t want to prejudice its challenge to an EU order to pay up to 13 billion euros (about $18 billion) in back taxes to Ireland, reports Reuters. A European Parliament committee is holding the hearing on tax evasion on June 21.

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European Commission is eyeing digital tax on tech giants such as Apple

European Commission is eyeing digital tax on tech giants such as Apple

The European Commission, Europe’s anti-trust and consumer investigation agency, is set to unveil proposals today for a digital tax on U.S. tech giants such as Apple that could further intensify the trade row pitting the European Union (EU) against President Trump. The EU is a political and economic union of 28 member states that are located primarily in Europe.

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AWT News Update: December 4, 2017

AWT News Update: December 4, 2017

Tax protestors, OS updates, Target apps, and survey results are all in the headlines today's episode of the Apple World Today News Update.

  • French anti-globalization protestors occupy a Paris Apple store today demanding that the company pay EU back taxes
  • iOS 11.2 and tvOS 11.2 have arrived!
  • Target introduces an in-house mobile payment system in its iOS app
  • A Barclays survey sounds bullish on Apple
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Apple and Ireland will argue that the EU kept them in the dark during a tax probe

Apple and Ireland will argue that the EU kept them in the dark during a tax probe

Apple and Ireland are preparing appeals to argue that European Union (EU) competition investigators unfairly kept them in the dark during a probe that ended in a record 13 billion-euro ($14.6 billion) tax bill, reports Bloomberg, quoting unnamed “people with knowledge of their case.”

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AWT News Update: July 11, 2016

AWT News Update: July 11, 2016

Taxes, talking to your home, and revenue streams are all in today's Apple news:

  • US Treasury Secretary Jacob Lew is meeting with the EU's antitrust head to forestall a penalty of Apple on back taxes
  • iDevices adds Alexa compatibility to its line of home automation products
  • Piper Jaffray analyst Gene Munster thinks the iPhone 7 could be big for Apple
  • Apple supplier TSMC reports excellent 2nd quarter revenues and is expected to do even better in the next quarter
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U.S. Treasury Secretary to meet with EU antitrust chief regarding Apple’s tax affairs in Ireland

U.S. Treasury Secretary to meet with EU antitrust chief regarding Apple’s tax affairs in Ireland

U.S. Treasury Secretary Jacob J. Lew will meet with European Union antitrust chief Margrethe Vestager as she prepares to deliver a final verdict on a probe into Apple’s tax affairs in Ireland, reports Bloomberg, quoting two unnamed people “people familiar with the case, who asked not to be identified because the matter is private.”

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