Apple faces $14 billion tax bill revival and $25 million hiring discrimination fine

Apple is facing a potential $14 billion tax bill revival in the European Union and a $25 million fine for hiring discrimination in the United States.

The Advocate General of the Court of Justice of the EU (CJEU) has asked judges to reconsider a 2020 ruling that absolved Apple of the €13 billion tax bill, citing “a series of errors in law.”

The ruling had stemmed from a 2018 decision that ordered Apple to pay the tax to Irish tax officials after the European Commission ruled that Apple and Irish authorities had broken state aid rules.

Apple, which has its European headquarters in Ireland, has split itself into two entities – Apple Sales International (ASI) and Apple Operations International (AOE) – after obtaining permission from Irish tax authorities. The commission had found that these arrangements allowed Apple to exclude profits derived from intellectual property licenses held by ASI and AOE, reducing its tax burden in Europe.

Apple has agreed to pay a $6.75 million civil penalty and establish an $18.25 million back pay fund for discrimination victims. The company has also implemented a remediation plan to ensure compliance with government standards.

The sources for this piece include an article in TheRegister.

IT World Canada Staff
IT World Canada Staff
The online resource for Canadian Information Technology professionals.

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