PYMNTS

JULY 14, 2019

Even with the United States announcing it would look into a proposed “digital tax” in France, the country is moving forward with the measure. The country’s Senate has approved the tax despite the threat of an investigation from the United States, according to 9 to 5 Mac.

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PYMNTS

JULY 28, 2019

Despite President Donald Trump’s recent threats, French Finance Minister Bruno Le Maire said that his country is moving forward with taxing big tech firms. His comments came after Trump threatened to tax French wines in retaliation for its plan for a digital services tax, which he says unfairly targets U.S.

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PYMNTS

AUGUST 14, 2020

The latest salvo in the legal battles against Apple and Google alleging antitrust behavior – where court dockets are getting decidedly crowded – is now joined by Fortnite, and it’s a bit different from what came before. Both Google and Apple charge developers for access, in what is seen by some observers as a literal version of pay for play.

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Google Apple Payments Taxes 206

PYMNTS

NOVEMBER 5, 2018

Analysts and the media smelled blood in the water after CEO Tim Cook said Apple would stop reporting unit sales of its products, including its crown jewel, the iPhone, next quarter. For Apple, it was consumers not buying iPhones at the frequency they once did. So, how’s Apple going to make that up?

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PYMNTS

DECEMBER 26, 2019

Italy has announced that it’s going to follow in France’s footsteps and tax big tech companies, a move that threatens to further complicate relations with the United States over the issue, according to a report by The Wall Street Journal. France recently announced a similar move, and the new Italy tax will take effect on Jan.

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PYMNTS

JANUARY 25, 2021

Amazon Plans to Raise Fees for Companies in Wake of New Digital Tax in Spain . After Spain’s government levied a new digital tax, Amazon plans to increase fees by 3 percent starting in April for Spanish firms harnessing its platform, Reuters reported. Morgan Stanley Ups Price Target on Apple. 21, according to the report. .

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PYMNTS

MARCH 12, 2019

Treasury official said a French tax plan targeting American digital companies is discriminatory against American businesses. Treasury’s top international tax official, called the taxes “ill-conceived,” and said the better option was to go after tax reform internationally at the Organisation for Economic Co-operation and Development ( OECD ).

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PYMNTS

JANUARY 6, 2020

As 2020 dawns, regulators are continuing to focus on taxes and possible anti-competitive behavior on the part of tech’s marquee names. That mandate would impact firms such as Apple and Samsung , among others. One continuing theme that will play out into the new year (and well beyond): taxes.

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PYMNTS

NOVEMBER 30, 2020

The French Finance Ministry has told Big Tech firms that the Digital Service Tax is now due, PYMNTS reported, citing Reuters. Companies subject to the tax have received notice to pay the 2020 installment,” an official from the Finance Ministry said. Chicago Alderman Proposes Tax on Deliveries. for bulkier parcels.

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Matt Wilcox Pro

OCTOBER 1, 2020

So when sundry people and corporations manage to avoid paying billions in arguably due taxes, you’d think we might celebrate […]. To that end, a good many of us pay CPAs to ensure we don’t give the IRS one penny more than we must.

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PYMNTS

JUNE 16, 2020

The European Union (EU) has launched antitrust investigations into potential violations by Apple of competition laws in its Apple Pay service and App Store, The Wall Street Journal reported. If found guilty, Apple could face a fine of up to 10 percent of its annual revenue and be forced to amend its business practices.

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PYMNTS

JANUARY 26, 2021

Apple is expected to post its first quarterly revenue that tops $100 billion, according to the Financial Times on Tuesday (Jan. Apple is tracking to show profit margins of roughly 23 percent — roughly five times that of either Amazon or Walmart. Daryanani thinks Apple could benefit from two macro trends — the weakened U.S.

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Apple Taxes Trends Mobile 142

PYMNTS

DECEMBER 7, 2020

Apple Faces $12M Fine Over iPhone Marketing. Italy’s antitrust regulator has hit Apple with a 10-million-euro fine (approximately $12 million) for allegedly unfair business practices when it comes to its iPhone promotion in Italy, MacRumors reported. Canada Looks to Tax International Tech Firms. According to the U.K.

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Apple Regulation Taxes Marketing 143

PYMNTS

DECEMBER 18, 2018

France, which had vowed to start taxing Google , Apple , Facebook , and Amazon in December if the European Union failed to agree on a digital tax, now says the tax will be implemented on January 1. If the European states do not take their responsibilities on taxing the GAFA, we will do it at a national level in 2019.”.

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PYMNTS

AUGUST 26, 2019

have reached a deal to end the standoff over a French tax on big internet companies, The Hill reported. Macron also took to Twitter : “Some digital players pay very little tax. realDonaldTrump and I have just agreed to work together on an agreement at the @OECD level to modernize international tax rules. G7Biarritz”.

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PYMNTS

SEPTEMBER 28, 2020

The latest news on Apple, Google, Facebook and other Big Tech firms that are coming under increasing scrutiny from regulatory watchdogs, trade organizations and politicians globally. Canadian Lawmakers Want Big Tech to Pay for Content, Taxes . EU Renews Demand for Back Taxes on Apple’s Ireland Ops. Regulations.

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PYMNTS

AUGUST 26, 2019

Will Big Tech face bigger tax bills on an international stage? Beyond the debates on data privacy and compliance, marquee names in technology face greater scrutiny from various governments, and perhaps bigger tax bills, too. As reported, the tax imposed could be as much as 20 percent on social media and search ads.

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PYMNTS

NOVEMBER 6, 2018

Today’s coverage includes the latest European push to tax such companies as Google, Apple, Facebook and Amazon. France’s Finance Minister Wants EU-Wide Digital Tax By Year End. The new tax would apply to Google, Apple, Facebook and Amazon so that they are paying what the government sees as a fairer tax rate in the region.

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PYMNTS

DECEMBER 11, 2019

The jury is still out as to whether Apple is indeed a monopoly, and/or whether it has a detrimental effect on its competitors across a slew of verticals at all. But in the eyes, and the words, of one Tim Cook, Apple CEO, monopolies are not inherently bad. We make that statement a bit tongue in cheek, of course.

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PYMNTS

SEPTEMBER 12, 2017

Germany, France, Italy and Spain’s finance ministers have announced plans to tax tech multinationals, such as Amazon and Alphabet Inc./ Last year, the European Commission ruled that Apple owed $14.5 billion in back taxes plus interest for “undue tax benefits” obtained from the Irish government from 2003 to 2014.

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PYMNTS

NOVEMBER 6, 2018

France is plowing ahead with its vision for a European Union-wide digital tax, with the country’s Finance Minister Bruno Le Maire saying he wants the tax approved by the end of 2018. According to the report, some member states think the tax would hurt smaller countries, or potentially some of the more traditional industries.

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PYMNTS

OCTOBER 31, 2018

and lobbyists who contend a new tax on some of the world’s biggest internet companies would create what is seen as a dangerous precedent. Chamber of Commerce — lobbyists and lawmakers, Donohue and others think the tax would target big American technology companies unfairly. announced it was aiming to lodge a 2 percent tax on the U.K.-generated

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PYMNTS

FEBRUARY 18, 2020

In today’s top news, Alibaba has made almost $3 billion in loans available for companies hurt by the coronavirus, and Japan’s recent sales tax triggers fears of a recession. Japanese Sales Tax Triggers 6 Pct Economic Contraction. Apple Says Coronavirus Will Ding Future Revenue. Alibaba has made 20 billion yuan ($2.86

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Taxes Apple Payments Cards 130

PYMNTS

OCTOBER 12, 2020

German Finance Minister: More Than 130 Nations Agree to Corporate Tax Framework. The primary aim of any deal would be to make sure that Big Tech firms like Facebook , Google and Amazon were forced to pay their fair share when it comes to tax, according to Scholz. German Finance Minister Olaf Scholz said Friday (Oct.

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Taxes Google social media Regulation 142

PYMNTS

OCTOBER 11, 2019

But along the way, global digital sales also carry a host of regulatory hurdles when it comes to satisfying various tax regimes. When [eCommerce companies] can’t get through the language barrier, the outcome is large-scale tax evasion, whether through ignorance, or whether through deliberate actions across the world.”.

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PYMNTS

NOVEMBER 7, 2019

EU Competition Commissioner Margrethe Vestager said numerous grievances have been filed with the European Commission concerning Apple Pay and its negative effect on competition in the payments space, CNBC reported. “We We get many, many concerns when it comes to Apple Pay for pure competition reasons,” Vestager said on Thursday (Nov.

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Apple Payments Taxes Google 100

PYMNTS

OCTOBER 21, 2019

Apple ’s iPhone XR is being assembled in India and will be sold in the country, according to reports. Apple doesn’t have a huge share of the Indian market, partly because of regulations that serve a 20 percent tax on imported high-end phones like the iPhone. But we have to be careful not to be too optimistic.

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PYMNTS

AUGUST 16, 2019

Apple announced that it is responsible for 2.4 Earlier this year, Apple announced an expansion that will include 1,200 direct jobs, as well as a new campus featuring hundreds of thousands of square feet of office, lab and research space. In Seattle, Apple will add 2,000 new employees in highly skilled engineering positions.

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PYMNTS

MAY 16, 2018

Seattle’s city council has approved a new tax for the city’s biggest companies, including Amazon , to combat a housing crisis impacting the city’s working class. The new tax was passed with a 9-0 vote, and would affect most companies grossing at least $20 million a year.

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Seattle Taxes Company California 108

PYMNTS

OCTOBER 25, 2019

We have deep, data-supported dives on Apple Pay, the outlooks for payments innovation in the 2020s, web sales taxes and Amazon’s holiday shopping season news. What Apple Pay At Five Says About The Future Of Mobile POS Payments. NRF On The Case For Revising eCommerce Sales Tax Laws. The 2018 South Dakota v.

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Apple Innovation South Dakota Taxes 101

PYMNTS

JULY 2, 2020

Facebook ’s Mark Zuckerberg, Sundar Pichai of Google , Apple ’s Tim Cook and Jeff Bezos from Amazon are expected to face no-holds-barred questions from lawmakers about the tech giants’ business practices. Cook testified in 2013 about Apple’s payment of taxes, CNBC reported.

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Google Apple Rhode Island Taxes 171

PYMNTS

NOVEMBER 7, 2019

EU Competition Commissioner Margrethe Vestager said numerous grievances have been filed with the European Commission concerning Apple Pay and its negative effect on competition in the payments space, CNBC reported. “We We get many, many concerns when it comes to Apple Pay for pure competition reasons,” Vestager said on Thursday (Nov.

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PYMNTS

SEPTEMBER 2, 2020

Advertisers in Europe are taking a hit as Apple and Amazon join Google in passing along the cost of new taxes aimed at Big Tech by the United Kingdom and other European governments. And in Turkey, Apple has boosted the prices in its App Store by a hefty 7.5 percent as it tries to offset that country’s digital tax hike.

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PYMNTS

AUGUST 13, 2019

Bad news for Apple : The tech giant’s AirPods, Apple Watch and HomePod are not included in a temporary reprieve on tariffs by the Trump administration. Instead, these products will get hit with a 10 percent tax on Sept 1. Apple did not immediately respond to a request for comment. percent from 6.4

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Apple Video Taxes Google 109

PYMNTS

JULY 11, 2019

government will investigate whether a French plan to tax American technology companies is fair, and it could potentially issue retaliatory tariffs in response, according to a report by The Financial Times. trade representative, Robert Lighthizer, said that he would carry out a Section 301 investigation into France’s digital services tax.

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PYMNTS

JANUARY 14, 2019

13) saying that Apple’s services revenue growth has slowed to 18 percent year-over-year, when it was expected to be at about 27 percent. CNBC reported that services, which Apple frequently mentions as a bright spot for revenue and growth, is not doing the business it should be. 14), Apple’s stock dropped about 1.3

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PYMNTS

FEBRUARY 15, 2019

In a series of commentaries at the annual shareholder meeting of the Daily Journal, Munger said that some states — including California, Connecticut and New York — have been “stupid” as they have driven wealthier individuals away amid onerous tax and regulatory policies. million shares in Apple, down from 252.5

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