Items tagged with double irish
Apple’s longstanding beef in the European Union over allegations of tax dodging has finally come to a dramatic end (pending an appeal, of course). In essence, Apple simply delayed the inevitable, as the European Commission is ordering that the American tech giant repay 13 billion euros ($14.5 billion) in back taxes to...
Read more...
Apple has become quite adept at tax avoidance by using the “Double Irish” loophole that effectively allows the company to shield its profits from tax authorities throughout Europe. Apple, however, is not alone, as companies like Microsoft and Google use similar schemes to save billions of dollars in...
Read more...
Ireland will be closing a tax loophole next year that helped save tech companies such as Google, Facebook, Apple, Microsoft, and Twitter billions of dollars. But while the loophole will end next year, companies already using it will be able to continue the practice until 2020. "Aggressive tax planning by the...
Read more...
