Apple is hiking up App Store prices in the U.K.

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Mac App Store
Prepare to pay more for iOS and macOS apps.
Photo: Ste Smith/Cult of Mac

Apple will hike App Store prices for users in the U.K. due to fluctuating exchange rates and taxation changes.

U.K. prices will go up by at least 25 percent within the next seven days, and Turkey, India and other countries can also expect to see increases, Apple said.

Apple: Massive EU tax bill is just about making headlines

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money
Apple's general counsel thinks the move against Apple is basically clickbait.
Photo: Jim Merithew/Cult of Mac

Apple has launched its legal challenge against the European Union’s demand of $14 billion in allegedly unpaid back taxes.

In a statement, Apple general counsel Bruce Sewell said Cupertino has been targeted because of its success, implying that European legislators picked on the company for largely symbolic reasons.

France slaps Apple with a massive fine for unpaid taxes

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money
Tim Cook may have to open his checkbook one more time.
Photo: Ste Smith/Cult of Mac

Apple has been hit with another massive fine in Europe, as French tax authorities recently issued the company with a 400 million euro ($422 million) bill, according to French newspaper L’Express.

As with a lot of Apple’s other tax issues, the complaint reportedly relates to Apple’s tax optimizing strategy of channelling profits through its Irish subsidiary.

Apple exec cuts deal to avoid jail in European tax probe

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money
Apple previously shelled out 318 million euros over its lack of corporate tax payments in Italy.
Photo: Ste Smith/Cult of Mac

An Apple executive has avoided jail as part of an Italian investigation into Apple’s failure to pay corporate tax in the country.

The executive in question, the head of Apple’s Irish-based Apple Sales International, was being investigated as part of the case. Apple agreed to pay 318 million euros last year to close the investigation, but the exec could still have been forced to spend six months in prison for his part in it.

EU governments meet to divvy up $14.5 billion Apple tax windfall

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money
Apple hasn't paid the money yet, but already it's being divvied up.
Photo: Jim Merithew/Cult of Mac

European Union finance ministers reportedly discussed how to divvy up the windfall from Apple’s 13 billion euros tax bill at a closed-door meeting in Slovakia over the weekend.

Some European governments were reportedly more keen on getting their hands on Apple’s money than others, with Germany’s Wolfgang Schäuble saying, “Of course we’re looking into it.”

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

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money
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]

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fnf
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

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Cook
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.

Why Tim Cook’s open letter about taxes struggles to paint Apple as the underdog

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Apple-BigBrother-1984
Who is Big Brother and who's the rebel freedom fighter?
Photo: Apple

With his open letter defending Apple’s Irish tax strategy, Tim Cook positions his company as a sledgehammer-tossing freedom fighter at battle with Big Brother-style EU bureaucracy.

But unlike Cook’s previous missives on LGBT rights and the importance of privacy, this open letter seems unlikely to be met with near-unanimous support. While railing against the EU’s massive assessment of €13 billion euros in back taxes owed by Apple, Cook ignores the facts of the matter — and seems tone-deaf about painting the world’s biggest company as an underdog.