EghtesadOnline: The European Commission has asked the United States about a secret court order Yahoo used to scan thousands of customer emails for possible terrorism links, following concerns that may have violated a new data transfer pact.
EghtesadOnline: Apple Inc. is challenging it, Ireland’s government doesn’t want it, but bond investors might one day end up benefiting from it.
EghtesadOnline: The European Commission fired a warning shot across Theresa May’s bow after her government decided to seek a tailor-made Brexit deal on its own terms, saying that the U.K. could not pick and choose the conditions it preferred.
EghtesadOnline: The EU's ruling that Apple Inc must pay a huge tax bill to Ireland was clearly based on facts and existing rules and was not a decision aimed against the United States, European Commission President Jean-Claude Juncker said on Sunday.
EghtesadOnline: The European Commission denies that its shock demand that Apple Inc. hand 13 billion euros in back taxes to Ireland is, in the pungent phrase of Apple CEO Tim Cook, "total political crap".
EghtesadOnline: The European Commission’s finding that Ireland must collect as much as an attention-getting 13 billion euros ($14.5 billion) in back taxes from Apple Inc. contained a second stunning number: 0.005 percent.
EghtesadOnline: Ireland's cabinet agreed on Friday to join Apple in appealing against a multi-billion-euro back tax demand that the European Commission has imposed on the iPhone maker, despite misgivings among independents who back the fragile coalition.
EghtesadOnline: The European Commission’s decision to impose a tax bill of 13 billion euros ($14.5 billion) on Apple is unjust and unnecessary. And the harm is not confined to a single company: The ruling has cast a cloud of uncertainty over Europe’s corporate-tax rules, potentially affecting all multinational investors.
EghtesadOnline: A European Commission order requiring Apple Inc to pay Ireland $13 billion euros ($14.5 billion) in unpaid taxes on Tuesday drew swift rebukes from the Obama administration and lawmakers in Congress, while reigniting calls for U.S. tax reform.
EghtesadOnline: The European Commission will rule against Ireland's tax dealings with Apple on Tuesday, two source familiar with the decision said, one of whom said Dublin would be told to recoup over 1 billion euros in back taxes.