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Reuters is reporting that an Apple subsidiary in Italy is currently under investigation for tax fraud. According to a judicial source cited by Reuters, authorities in Italy are currently investigating whether or not the Apple subsidiary in question hid US$1.34 billion in revenue from tax authoriti...

November 13th 2013 at 1:30pm 0 Comments
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On September 3rd, CCP will deliver its biggest update yet to EVE Online-linked, PS3-exclusive shooter DUST 514. Among the changes are performance tweaks, bug fixes, and controller/mouse control improvements, along with the introduction of a hub for collecting player data. And because this is CCP w...

August 22nd 2013 at 5:00pm 0 Comments
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The chairman of the Irish parliament's finance committee has led a vote which has decided Apple will not face any questions over its tax practices in the country, according to The Guardian. The Irish Parliament originally agreed to conduct a tax inquiry into Apple's practices in the country after...

July 4th 2013 at 2:00pm 0 Comments
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Apple is once again under fire in the UK for paying no taxes last year, even though the company earned £68 million (US$103 million) in the country. Apple got around paying UK taxes by offering employees £40 million worth of stock, which the company could then write off as a business ex...

July 2nd 2013 at 11:00am 0 Comments
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Sprint's bid to dismiss a $300 million tax suit filed by New York's attorney general has been denied by the state's supreme court, according to Bloomberg. The judge in the case decided the claims "satisfactorily allege that Sprint knowingly submitted false monthly tax statements," and that a heari...

July 2nd 2013 at 8:47am 0 Comments
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UK games industry trade association TIGA has urged the European Commission to deliver promised tax relief for local game developers after failing to meet a proposed implementation date. The UK government planned to issue a total of £50 million in tax breaks for UK developers, starting in Apr...

June 21st 2013 at 8:30pm 0 Comments
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Apple has been ordered to pay US$6.5 million (5 million euros) in taxes in France by SACEM (Google translation), a French organization which doles out the "copie privée" tax to writers, artists, producers, musicians and other content creators. The "copie privée" is a tax in some Euro...

June 3rd 2013 at 2:30pm 0 Comments
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Former New Hampshire Senator John E. Sununu on Monday penned an op-ed piece for the Boston Globe defending Apple's tax practices. Just last week, of course, a trio of Apple executives made their way down to Washington D.C. to answer questions before a congressional subcommittee regarding Apple's for...

May 28th 2013 at 11:30am 0 Comments
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Today on TUAW TV Live, cohost Shawn "Doc Rock" Boyd and I will be conversing about a number of topics. Yesterday saw Apple CEO Tim Cook being grilled by a Senate committee about corporate taxes and at the same time passing along a hint that a "refreshed Mac line" will be manufactured in the Great...

May 22nd 2013 at 4:55pm 0 Comments
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Ireland has responded to criticism from Senater Carl Levin (D-Mich.) that Irish tax laws allowed Apple to avoid playing taxes on tens of billions of dollars in profits using Irish subsidiaries. So what did Ireland have to say for itself? In a statement to RTE, Ireland's national broadcast network...

May 21st 2013 at 4:00pm 0 Comments