Tag Archives: Apple

EU Offered a Poisoned Olive Branch to Apple

The European Commission held out a poisoned olive branch to Apple and Ireland. The EC investigation says the special sweetheart deal Ireland gave Apple allowed it to book an EU-wide tax rate of just 1$ to 0.005% and is demanding … Continue reading

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EU Commission Calls for Tax Where Profits Earned

European Commission (EC) head Jean-Claude Juncker, in a speech to the EU Parliament, commented on the EC’s illegal state tax aid of €13 billion ruling against Ireland and the US company Apple. He stressed he had no issue with Ireland … Continue reading

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European Competition and Tax Investigation into US Multi-nationals

The European Commission has given a progress report on its competition and tax investigations into US multi-nationals Apple, Starbucks, Amazon, along with FIAT. The commissioner, Margrethe Vestager, said she would not be able to finish the investigation this second quarter … Continue reading

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UK customer + UK paying + UK money + UK goods + UK services + UK advertised + UK delivered + UK used = 0.3% UK tax.

The “Mirror” newspaper reports that 6 US companies with UK sales estimated at £14.3bn paid just £41.3m in UK tax, or 0.3%. UK sales figures for Apple, Google, Starbucks, Amazon, Ebay and Facebook were estimated. This is because they use, … Continue reading

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Apple Profits, the Double Irish and Double Standards in UK Tax

How little UK tax is paid by US technology companies was in the news again this week when Apple, the US technology giant, posted the biggest corporate profits in global history. It made $18bn profits in the last quarter. Although … Continue reading

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