Subscribe for FREE Email Updates & Access To EXCLUSIVE Research!

Apple & EU Hearing To Be Held Next Month

By John F. Heerdink, Jr.

Apple’s (AAPL) battle with the European Union for 13 billion-euro (US $14.4 billion) is set to be investigated under EU’s second-highest tribunal, EU’s General Court on Sept. 17-18. The hearing to crackdown tax deal offerings to big companies by antitrust commissioner Margrethe Vestager’s. Last Year, The U.S lost a bid to intervene in the case to support Apple.

In August 2016, the EU faced criticism from the U.S. Treasury for making itself “supra-national tax authority” after it questioned Apple for having an unfair tax advantage and ordered Ireland to recoup the record sum plus interest.

Dow 30 component Apple (AAPL) has revolutionized personal technology with the introduction of the Macintosh in 1984. Today Apple leads the world in innovation with iPhone, iPad, Mac, Apple Watch and Apple TV. Apple’s four software platforms — iOS, macOS, watchOS, and tvOS — provide seamless experiences across all Apple devices and empower people with breakthrough services including the App Store, Apple Music, Apple Pay and iCloud. Apple’s more than 100,000 employees are dedicated to making the best products on earth, and to “leaving the world better than they found it. To learn more about Apple (AAPL) and track its ongoing progress at Vista Partners Apple (AAPL), Coverage Page.

Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives.

Stay Informed! Stay Competitive!  Sign Up to receive FREE email updates here!


Apple, EU Set for September Showdown Over Record Tax Bill

(Bloomberg) — Apple Inc.’s 13 billion-euro ($14.4 billion) battle with the European Union reaches the bloc’s courts next month in a hearing set to throw the spotlight on antitrust commissioner Margrethe Vestager’s crackdown on tax deals doled out to big companies. The EU’s General Court, its second-highest.


Read Full Article
Post View Count : 155


Subscribe for FREE Email Updates & Access To EXCLUSIVE Research!

Connect with us