Search Results for: Apple

More law firms join class action suit against Apple

October 10th, 2016 (0)
Three more law firms have joined the class action law suit filed against Apple over the “Touch Disease” that has affected some Apple iPhone 6 and Apple iPhone 6 Plus models. You know that your iPhone has this disease ...

Apple Ordered to pay $302 million in damages in a Patent legal case

October 3rd, 2016 (0)
A federal jury in Texas on Friday night ordered Apple to pay more than $302 million in damages for using VirnetX Holding Corp’s patented internet security technology without permission in features including its FaceTime video conferencing application. The verdict came in ...

Apple Japan unit ordered to pay $118 million tax for underreporting income

September 16th, 2016 (0)
An Apple Inc iTunes unit in Japan was ordered to pay some 12 billion yen ($118 million) in tax by local authorities after underreporting income, media reported Friday. The unit has since paid the amount, the reports said. The ...

Apple Removes ShapeShift From App Store

September 12th, 2016 (0)
Apple appears once again to be restricting the use of digital currencies on iOS, with the removal of multi-currency trading app ShapeShift from its mobile App Store. ShapeShift’s Currency Swaps Without Accounts ShapeShift offers direct swaps between 34 popular cryptocurrencies, ...

Magic Circle law firm Freshfields to defend Apple in EU tax battle

September 2nd, 2016 (0)
Magic Circle heavyweight Freshfields Bruckhaus Deringer has secured the mandate to defend Apple against the single largest EU tax bill in history. With the global business community still reeling over the European Commission’s surprise decision to order Apple to ...

Why the EU says Apple must pay Ireland $14.5 billion in tax

September 1st, 2016 (0)
The European Commission (EC) ordered Apple Inc. to pay Ireland unpaid taxes of up to 13 billion euros ($14.5 billion) on Tuesday as it ruled the firm had received illegal state aid. What is the EC alleging? The European ...

EU Apple Tax Ruling Stirs Fears of Revenue Loss in U.S.

August 31st, 2016 (0)
American politicians have spent years salivating over U.S. companies’ stockpile of untaxed foreign profits, now more than $2 trillion and growing. Europe got to that money pot first. The European Commission’s ruling Tuesday that Apple Inc. must pay $14.5 billion in back ...

Apple should repay Ireland €13bn, European Commission rules

August 30th, 2016 (0)
Ireland should recover up to €13bn (£11bn) from Apple in back taxes, the European Commission has ruled. After a three-year investigation, it has concluded that the US firm’s Irish tax benefits are illegal. The Commission said Ireland enabled the company ...

Apple facing back taxes running into billions over Ireland deal

August 30th, 2016 (0)
Irish officials expect European commission to declare the arrangement with Apple unlawful under state aid rules Apple could face back taxes running into billions with the European commissionexpected to rule against the company on Tuesday over its arrangements with the ...
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