Apple just got landed with the tax bill from hell. Photo: Ste Smith/Cult of Mac
The verdict’s in on Apple’s European tax investigation, and the company has been handed a massive 13 billion euros ($14.52 billion) bill for unpaid back taxes in the Republic of Ireland.
The order was made by European Union competition officials, who ruled that Apple was taking advantage of illegal state aid that allowed the company to route profits through Ireland.
Could this be the missing piece of the puzzle? Photo: Jim Merithew/Cult of Mac
Apple is reportedly watching the potential Time Warner sale very closely, with a possible deal in the making that would see Cupertino secure the entertainment company’s impressive assets to help build up its Apple TV service.
Cult of Mac's new business reporter, Ryan Faas, is the author of iPhone for Work, and a long-time contributor to publications like Computerworld.
For longtime Apple fans and new Mac and iOS users alike, this is a fascinating time to be living and working. Apple is becoming a fixture in every kind of workplace. It seems like every week there are stories of businesses investing in iPads or MacBooks, including the recent Forrester report that one in five people now use an Apple device on the job and 50% of companies issued Macs to at least some staff members. Not to mention the Checkpoint study that showed corporations preferring iOS over both Android and BlackBerry.
In other words, Apple, the iPad and iPhone are revolutionizing business, and Cult of Mac is joining that revolution. That’s why I take great pleasure in introducing Ryan Faas, Cult of Mac’s new business reporter. Ryan will be writing for the site full-time, covering the incredible march of Apple technology into the workplace. Ryan is a veteran tech journalist who has written extensively about Apple, business and enterprise IT, and the mobile industry. He’s contributed to Computerworld, InformIT and Peachpit Press.