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.
How is it that Africa’s most sophisticated, if not always largest, economy is still battling to get off the Financial Action Task Force’s (FATF) grey list because of its failures to combat money
Nigeria will go after wealthy citizens evading tax yet again in a new amnesty scheme that will correct the failings of the Voluntary Assets and Income Declaration Scheme (VAIDS). “There’s a plan
The Treasury Department finalized rules for a major clean energy tax cut Wednesday. The credit, extended by the 2022 Inflation Reduction Act, is a potential boon for offshore wind, geothermal, energy
Main takeaways: On 23 May 2024, the Minister of Finance submitted a draft law No. 8388 with the Luxembourg Parliament (the “Draft Law”) proposing several new tax measures, mainly: Amendment and