Similar Stories to Read Apple Ceo Tim Cook’s Response To Europe’s Tax Ruling on Bing News

Alex Fitzpatrick, Time: Business
Tue, 08/30/2016 - 6:15am

European officials on Tuesday ordered Apple to pay up to $14.5 billion in back taxes, plus interest, to Ireland. The European Commission is essentially accusing Apple of harboring profits in Ireland in exchange for providing jobs there. The arrangement, say European officials, meant Apple has enjoyed tax benefits not extended to its competition. In a statement posted online, Apple CEO Tim Cook says his company plans to appeal the “unprecedented” ruling.

Topics: apple ceo tim cook irish finance minister michael noonan read cook s thirty-six mac steve jobs october app store august taxes united europe apple ireland apple irish apple&rsquo cork states eu commission&rsquo commission ruling law company companies business principle laws years pay profits customers retroactively government largest investing multinational proud special established countless appeal country long officials unprecedented ordered majority leaders order employees growth plan investment owe time today vast international process citizens world local guidance case

Place your ad here
Loading...

BING NEWS:

Apple CEO Tim Cook's salary REDUCED by Rs 300 CRORE! Really? How much does he earn?
Tim Cook, Apple's CEO, yearly remuneration was disclosed in the company's most recent filing with the Securities and Exchange Commission (SEC).
05/5/2024 - 3:59 am | View Link
Tim Cook’s 3-Word Response to a Question About Apple’s AI Plans Is the Best I’ve Heard Yet
Apple almost never talks about its future plans for, well, anything. It doesn't comment on rumors about products, and it rarely hints about the things it's working on. That's true even when talking to ...
05/2/2024 - 11:42 pm | View Link
Apple CEO Tim Cook made $63 million last year — here's how that breaks down
Apple CEO Tim Cook gets a $3 million annual salary, but stock awards boost his total pay considerably. He's worth more than $2 billion, per Forbes.
05/2/2024 - 10:42 pm | View Link
READ: Tax returns for President Joe Biden and Vice President Kamala Harris
President Joe Biden and first lady Dr. Jill Biden earned $619,976 in 2023, according to their joint tax return released by the White House on Monday. Read the Bidens’ tax return here : ...
04/15/2024 - 11:07 am | View Link
More

More Movie News

More Business News

10 of the best national parks to visit in the summer, and 2 to avoid, according to a couple who have been to all 63
Business Insider, Sunday - 05/05/2024 - 05:38 PM
Matt and Karen Smith visiting Glacier National Park. Courtesy of Matt and Karen Smith. A Gen X couple who has been to all 63 national parks says some are better than others in the summer. Matt and Karen Smith would avoid parks like Death Valley because of killer summer temperatures.
More | Talk | Read It Later | Share
Downtown Los Angeles is bustling with new residents. Not so much with office workers, though.
Business Insider, Sunday - 05/05/2024 - 05:20 PM
Downtown Los Angeles. ANDREY DENISYUK/Getty ImagesLos Angeles' downtown has become a hot spot for residential growth in the city. The neighborhood's office market, however, continues to languish. Downtown LA is expected to be a major draw for residential living over the next few decades. For generations, downtown Los Angeles was the region's nexus of commerce, as vast office spaces and old-line department stores made the neighborhood a business powerhouse.
More | Talk | Read It Later | Share
Here's the 'true solution' to the problem of audio deepfakes, according to the CEO of ElevenLabs
Business Insider, Sunday - 05/05/2024 - 04:09 PM
ElevenLabs cofounders Mati Staniszewski (left) and Piotr Dabkowski (right) built a unicorn just a year after launching in beta. ElevenLabsAI voice tech company ElevenLabs is grappling with deepfakes. The technology, while innovative, has the potential for misuse, leading to concerns from lawmakers. ElevenLabs CEO said digitally watermarking synthetic voices is a solution.
More | Talk | Read It Later | Share
Hard Rock leans into F1's luxury image, selling $200 baskets of wings at the Miami Grand Prix ($400 for added caviar)
Business Insider, Sunday - 05/05/2024 - 03:52 PM
Hard Rock Stadium in Miami, Florida. Clive Rose - Formula 1/Getty ImagesThe third-annual Miami Grand Prix is taking place this weekend. The Hard Rock Beach Club featured high-priced items, like a $280 Maine lobster roll, for the event. Formula 1 has a reputation for luxury and spectacle. Luxury was on full display during the Miami Grand Prix, especially at the Hard Rock Beach Club, where an order of wings cost nearly $200.
More | Talk | Read It Later | Share
Ex-GOP Rep. Ken Buck says he wanted to leave Congress 'about three weeks' after he arrived: 'It took me a long time to figure ou
Business Insider, Sunday - 05/05/2024 - 03:28 PM
Former Colorado Rep. Ken Buck. Anna Moneymaker/Getty ImagesOnetime Rep. Ken Buck didn't have a very good impression of Capitol Hill upon his arrival in 2015. Buck told The New York Times that he wanted out of Congress "about three weeks" into the role. But the ex-congressman remarked that it took him a while to map out a plan to leave the House.
More | Talk | Read It Later | Share
Bitcoin trader loses almost $70 million after sending crypto to wrong online account address
Business Insider, Sunday - 05/05/2024 - 03:24 PM
A crypto trader lost nearly $70 million in an "address poisoning" scam. Business InsiderA cryptocurrency trader lost nearly $70 million in an 'address poisoning' scam. Scammers made spoof accounts to trick the victim into sending funds to the fake address. Crypto-related scams are on the rise, costing investors almost $4 billion last year, the FBI says.
More | Talk | Read It Later | Share

Similar Stories to Read Apple Ceo Tim Cook’s Response To Europe’s Tax Ruling on Bing News

Welcome to Wopular

MoviesWithButter : Our Sister Site

More Business News