EU says it may withdraw court case if Ireland recovers full $16B from Apple

The European Commission is willing to withdraw its court case against the Irish government for failing to collect some $ 16 billion in back taxes from Apple — but only if the country collects the full amount, the E.U.’s Competition Commissioner said in an interview. AppleInsider – Frontpage News

NYT: Apple shifted offshore cash hoard to Jersey after Ireland shut down [update]

Update: Apple has responded with an extensive statement on its newsroom site. It says corporate tax rate on foreign earnings is 21 percent, and 35 percent on income from overseas investments. It says “no operations or investments were moved from Ireland”. The New York Times has published a lengthy report claiming Apple started using the […]

Belgian ruling increases likelihood that AAPL’s sweetheart tax deal in Ireland will be ruled illegal

The European Commission has ruled that tax breaks offered by Belgium to multinational companies are illegal, and that the companies concerned must pay the full rate of tax due in the country, reports VentureBeat. This follows similar decisions in Luxembourg and the Netherlands. While none of these rulings directly impact Apple, they do make it look extremely likely that the […]

Apple Watch to be available in Ireland, Denmark, and Austria beginning September 25

Following our report claiming that Apple Watch will launch in U.S. carrier stores later this month, Apple has now updated its regional websites to reveal that the device’s availability will soon be further expanded. Apple this morning updated its Austria, Denmark, and Ireland websites to reveal that Apple Watch will be available on September 25th. September 25th […]