IRELAND: Apple Must Pay $14.4 Billion to Ireland in Crackdown on ‘Sweetheart Deals’

Apple has been ordered to pay €13 billion ($14.4 billion) of back taxes to the Irish state, in a court ruling that ended a decade-long fight between Europe and the big tech company.

In a judgment handed down on Tuesday, the European Court of Justice (ECJ) agreed with a European Commission ruling in 2016, which found that for a period of more than 20 years Apple enjoyed illegal tax advantages that constituted state aid from the Irish government.

18 October 2025

UAE: How Generative AI is transforming financial analysis and forecasting

The financial services industry has always been at the forefront of adopting advanced technologies. From the first computerized trading systems in the 1970s to algorithmic trading and high-frequency

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22 November 2024

CAREY OLSEN: Carey Olsen expands Guernsey employment team with hire of associate Danielle Naseem

Press Release from Carey Olsen, Friday 22 November, 2024. Carey Olsen is pleased to announce that associate Danielle Naseem has joined the firm’s employment team in Guernsey. Danielle joins from

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13 December 2024

US: US Treasury issues final guidance for Investment Tax Credit

The US Department of the Treasury and the Internal Revenue Service (IRS) have released the final rules for the Section 48 Energy Credit, also known as the Investment Tax Credit (ITC), which keep the

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18 April 2025

EU: EU VAT in the Digital Age Council in force

The Council of the European Union on 11 March 2025 adopted 3-pillar ViDA reforms’ legislative measures, and it entered into force 14th April. Read more details of each of the pillars: Jul 2030 Digital

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