Business
Apple wins EU court case over $21 billion in claimed taxes – Sydney Morning Herald
The EU Commission had claimed in 2016 that Apple had an illegal sweetheart tax deal with Irish authorities.
The European Commission had ordered Apple to pay for gross underpayment of tax on profits across the European bloc from 2003 to 2014. The Commission concluded that Cupertino, California-based Apple used two shell companies incorporated in Ireland to permit Apple to report its Europe-wide profits at effective rates well under 1 per cent.
The Irish government immediately welcomed the ruling. “Ireland has always been clear that there was no special treatment provided” to the US company, it said in…
-
General15 hours agoInjured former Greens candidate Hannah Thomas charged with hindering or resisting police at pro-Palestinian protest
-
General14 hours agoTony Burke’s detention inaction | The Spectator Australia
-
General13 hours agoGrattan Institute pitches blueprint to ‘save’ NDIS as foundational supports rollout stalls
-
General10 hours agoAustralian workers lose more than $4.7 billion a year in unpaid super — and the ATO rarely penalises employers