Europe

Following the European Commission's ruling that Apple must pay 13 billion euros ($14.5 billion) in back taxes because of its "undue tax benefits" in Ireland, The Wall Street Journal reported over the weekend that Apple is facing the EC "without the army of lobbyists and public relations campaigners typical in such fights." The company's lack of a lobbying presence in Europe isn't new, however, ...

Ireland's coalition government has agreed to appeal the European Commission's ruling that it must collect 13 billion euros in back taxes from Apple, according to Reuters. A motion will come before the country's Parliament on Wednesday seeking an endorsement of that decision, a government spokesperson said. It was always expected that both Apple and Ireland would appeal any adverse decision, as ...

Apple CEO Tim Cook today spoke with Paschal Sheehy, the host of Irish radio show Morning Ireland, providing more commentary on the situation with the European Commission and its decision to make Apple pay 13 billion euros in back taxes from a period between 2003 and 2014. Cook's stance falls in line with his open letter on the situation from earlier in the week, first providing backstory...

Following the European Commission's ruling that Apple received illegal state aid from Ireland, and must pay $14.5 billion in back taxes to the country, the company has published a new FAQ that addresses potential concerns investors may have about the decision and the effect on its bottom line. Apple started out by confirming the decision is not final and that it plans to appeal. The company...

Tim Cook has posted an open letter on Apple's website in response to the European Commission's ruling that Apple must pay 13 billion euros ($14.5 billion) in back taxes dating from 2003 through 2014. Cook's letter begins by discussing Apple's long history in Ireland, which dates back to a small facility that housed 60 employees in 1980. That statistic has now expanded to 6,000 employees...

Apple must repay 13 billion euros ($14.5 billion) in back taxes dating back to 2003-2014, the European Commission has ruled (via BBC). The Apple tax ruling was confirmed this morning, after the judgement was leaked to the media yesterday. In unequivocal wording, the EU commissioner Margrethe Vestager said Apple's tax benefits in Ireland are "illegal". "The Commission has concluded that...

The European Commission on Tuesday will rule that Apple received illegal state aid from Ireland, according to a 130-page judgment known by Financial Times.Competition commissioner Margrethe Vestager circulated the final ruling to her counterparts in the EU’s executive branch only on Monday morning, deploying a fast-track procedure in a bid to minimize leaks. The usual notice period is two weeks.Th...

The European Commission is poised to hand down an adverse ruling against Apple next week following a three-year inquiry into the company's tax arrangements in Ireland, according to Financial Times.Expectation of an adverse ruling gathered pace this week after the US Treasury issued a stinging attack on the commission’s investigation, saying the EU executive was becoming a “supranational tax...

Just weeks before the European Commission is expected to make a decision in its landmark Apple tax probe, the U.S. Treasury department has criticized the Brussels-based body for "threatening international agreements on tax reform," and warned that a decision against the iPhone maker could "set an undesirable precedent." Apple's offices in Cork, Ireland According to Financial Times, the U.S....

Joseph Stiglitz, an economic professor at Columbia University and 2001 recipient of the Nobel Memorial Prize in Economic Sciences, has described Apple's tax arrangements in Ireland as "a fraud" in a recent interview with Bloomberg TV."Here we have the largest corporation in capitalization not only in America, but in the world, bigger than GM was at its peak, and claiming that most of its profits...

A decision in the European Commission probe of Apple's alleged "sweetheart tax deal" in Ireland is expected to be reached by September or October, according to Ireland's finance minister Michael Noonan (via Reuters)."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...

Apple quietly updated the "choose your country" selector on its website a few weeks ago in the United Kingdom and other European countries, adding Euro 2016 country groups and a bracket to celebrate the ongoing football tournament in France. Apple also temporarily added a handful of countries and regions that it does not have regional websites for, including Albania, Iceland, Northern...

T-Mobile has announced a new promotion that will offer postpaid customers free unlimited high-speed data, at up to 4G LTE speeds, in all European countries, except Andorra, between July 1 and August 31 of this year. The carrier noted that customers will receive the highest available data speeds depending on where they are traveling in Europe, while text messaging is free worldwide and calls...

Apple, Google, McDonald's, and IKEA representatives will be in Brussels on Tuesday to discuss their tax deals in Europe, reports Reuters. The hearing will be hosted by the European Parliament's tax committee, but the lawmakers do not have the power to order any changes, according to the report. Nevertheless, the meeting should raise some important questions about each company's compliance with ...

A decision in the European Commission's probe of Apple's tax affairs in Ireland may not be reached soon, according to EU competition chief Margrethe Vestager (via Bloomberg).“Don’t hold your breath,” she told reporters in Brussels on Monday about the timing of decisions targeting Apple and online shopping giant Amazon.com Inc, whose tax affairs in Luxembourg are also under intense scrutiny. ...

Apple CEO Tim Cook traveled to Europe this week to meet with European Commission antitrust chief Margrethe Vestager in Brussels on Thursday, before heading to Rome on Friday to meet Pope Francis and Italian developers. Cook first met with Vestager to lobby against an European tax investigation that could force the iPhone and iPad maker to pay more than $8 billion in back taxes on overseas...

Apple is now accepting iPhone 6s and iPhone 6s Plus in-store reservations through its Reserve and Pickup program in six European countries where the smartphones are set to launch this Friday, October 9, including Belgium, Italy, Spain, Sweden, Switzerland and the Netherlands. iPhone 6s and iPhone 6s Plus reservations on Apple Online Store in Switzerland European customers can select an iPhone ...

T-Mobile has announced the expansion of its Simple Global coverage to an additional 20 countries to now cover all of Europe and South America. Simple Global is now available in the Bahamas and 145 total countries worldwide, covering more than 90% of the areas that Americans travel abroad each year. Simple Global provides Simple Choice postpaid customers with unlimited low-speed data and...

Apple has set higher prices for the iPhone 6s and iPhone 6s Plus in Canada, Australia and other countries to reflect a strengthening U.S. dollar and fluctuating currency exchange rates. The off-contract prices for the iPhone 6s Plus in Canada, for example, are $1,029, $1,159 and $1,289 CAD for 16GB, 64GB and 128GB of storage space respectively. Comparatively, the iPhone 6 Plus cost $969,...

Irish software development studio Probendi is suing Apple in a Milan court for using its "iWatch" trademark in Europe as part of a Google AdWords campaign, reports Bloomberg. Apple has been paying for sponsored links on Google in an attempt to redirect users that search for "iWatch" to the Apple Watch website, in order to avoid missing out on customers that search for the wrong product name.“App...