Apple has ‘failed to grasp’ why people are upset about tax avoidance


The president of the eurozone’s finance ministers says Apple just doesn't get it.
Photo: Ste Smith/Cult of Mac

Jeroen Dijsselbloem, president of the eurozone’s finance ministers, has accused Apple of “[failing] to grasp” the public outcry concerning tax avoidance by multinational corporations.

He was referring to last week’s landmark decision, which handed Apple an enormous tax bill of 13 billion euros ($14.52 billion), based on its supposed underpayment of taxes in the Republic of Ireland. Apple paid a reported 0.005 percent tax on its European profits in 2014.

Whose week sucked hardest, Apple’s or Samsung’s? [Friday Night Fight]


It's been a bad week for two of tech's biggest companies.
Photo: Ste Smith/Cult of Mac

The past week has been one to forget for both Apple and Samsung. While Cupertino was handed a hefty tax bill by the European Commission, Sammy has had to recall every Galaxy Note 7 unit sold so far for fear of them exploding.

Friday Night Fights bugBut which one will be most damaging, and which will quickly be forgotten? Apple’s tax fight is sure to rage on for months, but will faulty phones leave a bad taste in the mouths of Samsung fans a lot longer?

Join us in this week’s Friday Night Fight as we discuss the sad start to September for Apple and Samsung.

Tim Cook: Anti-U.S. bias is ‘one reason’ for Apple’s giant tax bill


Tim Cook has repeatedly spoken out in favor of privacy.
Tim Cook is not happy about the tax decision against Apple. Like, at all.
Photo: Jim Merithew/Cult of Mac

Tim Cook says that Apple is among the biggest Irish taxpayers, and claims anti-U.S. bias is “one reason” the company was targeted by the European Commission.

Cook was responding to this week’s news, in which Apple was handed an enormous tax bill of €13 billion ($14.52 billion) after an investigation into its reportedly illegal “sweetheart deal” in Ireland, giving it an unfair advantage over rivals.

Irish throw fruity protest against Apple tax breaks


Member of Sinn Féin Republican Youth in Dublin.
Member of Sinn Féin Republican Youth in Dublin.
Photo: An Phoblacht

The headquarters of the ruling government party of Ireland, Fine Gael, was the site of recent apple massacre after angry citizens flocked to the offices to protest Apple’s massive tax breaks.

Members of the youth wing Sinn Fein impaled apples of the orange and red variety on the fences of Fine Gael’s Dublin offices following the revelation from the European Commission that Ireland intentionally lowered Apple’s tax burden.

Check out the horrific scene:

Tim Cook: Apple’s tax bill will have a ‘harmful’ effect on investment in EU


Tim Cook was ranked the nation's top CEO by ExecRank.
It didn't take Tim Cook long to hit back!
Photo: Jim Merithew/Cult of Mac

Tim Cook has written an open letter addressing Apple’s enormous tax bill, arguing that the European Union’s demand for €13 billion ($14.52 billion) in unpaid back taxes will have a “profound and harmful effect” on “investment and job creation in Europe.”

At present, Apple employs close to 6,000 people in Ireland, as well as “sustaining” 1.5 million jobs across Europe — including those at Apple and other manufacturers, developers and suppliers who rely on it.