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.
Press Release from Guernsey Finance, Monday 29 January, 2024. The contribution that Guernsey’s finance sector makes to the UK economy has been highlighted in research conducted by Frontier Economics
A minimum tax on billionaires is likely to gain wider traction among the G20 group of the world’s largest economies as they get clarity on the proposal, French economist Gabriel Zucman of the independent
The U.S. Securities and Exchange Commission (SEC) has launched a ‘Crypto Task Force’ page on its website, outlining the agency’s crypto regulatory agenda under the agency’s new leadership. This
Summary of the decisionBanks play a crucial role in the fight against subversive crime because of their unique access to financial information and transaction flows. This is precisely why it is essential