International politics
Climate refugees, international terrorism, peace deals, and geopolitics galore—this page covers the trends and news that will influence the future of international relations.
352100
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https://www.techcentral.ie/apples-record-tax-fine-a-test-of-how-big-tech-sees-value-of-irish-presence/
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Techcentral
Apple's record tax fine a test of how Big Tech sees value of Irish presence
TechCentral editor Niall Kitson on what could be lost as a result of the State's €13bn windfall
Blogs
Image: Marco via Pexels
After 10 years, four legal decisions...
TechCentral editor Niall Kitson on what could be lost as a result of the State's €13bn windfall
Blogs
Image: Marco via Pexels
After 10 years, four legal decisions...
352101
Signals
https://nypost.com/2024/09/10/business/eu-court-orders-apple-to-pay-14-4-billion-in-back-taxes-to-ireland/
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Nypost
Apple must pay $14.4 billion in back taxes to the Irish government after the European Union's top court rejected the iPhone maker's appeal of a landmark 2016 ruling — which CEO Tim Cook denounced at the time as "total political crap."
The European Court of Justice in Luxembourg on Tuesday upheld...
The European Court of Justice in Luxembourg on Tuesday upheld...
352103
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https://taxfoundation.org/data/all/eu/windfall-tax-europe-2024/
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Taxfoundation
Even though energy prices have declined from their peak, some European countries continue to rely on windfall profits taxes—a one-time taxA tax is a mandatory payment or charge collected by local, state, and national governments from individuals or businesses to cover the costs of general...
352104
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https://www.irishtimes.com/business/2024/09/10/apple-to-take-up-to-91bn-charge-on-irish-tax-case-after-ecj-ruling/
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Irishtimes
Apple has told Wall Street investors it will need to book as much as a $10 billion (€9.1 billion) tax charge in the final three months of its financial year to the end of this month, following a shock ruling by the EU's highest court that it must settle a long-disputed multibillion-euro Irish tax...
352105
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https://www.irishexaminer.com/business/companies/arid-41472796.html
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Irishexaminer
Europe's highest court has ruled against tech giant Apple in its latest legal bid against a €13bn tax order the EU Commission said it must pay to Ireland.The Court of Justice of the European Union said it is setting aside the ruling of the EU's General Court which quashed the order in 2020....
FUTURE TIMELINE
COUNTRY FORECASTS
352106
Signals
https://www.irishexaminer.com/business/companies/arid-41472934.html
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Irishexaminer
The Government will "respect the findings" of Europe's top court following a ruling in the long-running Apple State aid case which will see the tech giant pay back €13bn in taxes.Earlier today, the Court of Justice of the European Union (CJEU) ruled against Apple in its latest legal bid to quash...
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COUNTRY FORECASTS
352107
Signals
https://retailwire.com/apple-ordered-to-pay-13-billion-euros-in-back-taxes-to-ireland/
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Retailwire
Apple is paying 13 billion euros after finally losing an ongoing European Union court case over back taxes owed to Ireland. The European Court of Justice (ECJ) sided with a 2016 decision by the European Commission that Apple unfairly benefited from Irish tax rules and did not pay enough under...
FUTURE TIMELINE
COUNTRY FORECASTS
352109
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https://www.pinsentmasons.com/out-law/news/ireland-proposed-foreign-dividend-tax-exemption-approach
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Pinsentmasons
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COUNTRY FORECASTS
352110
Signals
https://abcnews.go.com/Business/wireStory/google-loses-final-eu-court-appeal-24-billion-113543231
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Abcnews
LONDON -- Google lost its last bid to overturn a European Union antitrust penalty, after the bloc's top court ruled against it Tuesday on a case that came with a whopping fine and helped jumpstart an era of intensifying scrutiny for Big Tech companies. The European Union's top court rejected...
FUTURE TIMELINE
COUNTRY FORECASTS
352111
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https://www.insurancejournal.com/news/international/2024/09/10/792170.htm
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Insurancejournal
EU antitrust chief Margrethe Vestager scored two major wins on Tuesday as Europe's top court backed her crackdown against Apple's Irish tax deal and Google's anti-competitive practices in two landmark cases.
Vestager, who ends her term in November, has made a name for herself going after Big...
Vestager, who ends her term in November, has made a name for herself going after Big...
FUTURE TIMELINE
COUNTRY FORECASTS
352112
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https://www.ibtimes.com/europes-fight-big-tech-over-tax-data-disinformation-3742686
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Ibtimes
The European Union scored two major legal victories on Tuesday in separate cases that left Apple and Google owing billions of euros.Brussels has been fighting giant tech firms for years on issues from data privacy to disinformation.Tuesday's victory over Apple is a huge reversal of fortune for...
352113
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https://time.com/7019497/apple-eu-court-vestager-irish-tax-bill/
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Time
Apple Inc. lost its court fight over a €13 billion ($14.4 billion) Irish tax bill, in a boost to the European Union's crackdown on special deals doled out by nations to big companies.The E.U.'s Court of Justice in Luxembourg backed a landmark 2016 decision that Ireland broke state-aid law by...
352114
Signals
https://appleinsider.com/articles/24/09/10/apple-must-pay-eu-14-billion-over-ireland-tax-arrangement
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Appleinsider
After a decade of legal wrangling, the European Union has officially given its final ruling over Apple and Ireland's allegedly illegal tax agreement, and Apple has to pay up. Since 2004 when the agreement was made, both Apple and Ireland have continually protested that the amount of tax being paid was legal and fair.
352115
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https://www.huffpost.com/entry/bc-eu-europe-apple-european-union-tax-case_n_66e04d81e4b0b3a5341b3227
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Huffpost
BRUSSELS (AP) — Apple on Tuesday lost its last bid to avoid paying 13 billion euros ($14.34 billion) in back taxes to Ireland, in a finale to a dispute with the European Union that centered on sweetheart deals that Dublin was offering to attract multinational businesses with minimal taxes across...
352108
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https://www.phonearena.com/news/apple-loses-court-battle-owes-14-billion-to-irish-government-in-back-taxes_id162423
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Phonearena
Apple has been ordered to pay a staggering fourteen billion dollars (€13b Euros) in back taxes to the Irish government following a final ruling by Europe's highest court. This decision marks the end of an eight-year legal battle between Apple, the Irish government, and the European Union. The core issue was Apple's tax arrangements in Ireland, which the EU deemed illegal state aid.Apple channeled revenue from its EU sales through its Irish headquarters, taking advantage of Ireland's low corporate tax rate and special arrangements that further reduced its tax burden.
350687
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https://arstechnica.com/science/2024/09/americans-misunderstand-their-contribution-to-deteriorating-environment/
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Arstechnica
Enlarge / Power lines are cast in silhouette as the Creek Fire creeps up on on the Shaver Springs community off of Tollhouse Road on Tuesday, Sept. 8, 2020, in Auberry, California.
This article originally appeared on Inside Climate News, a nonprofit, independent news organization that...
This article originally appeared on Inside Climate News, a nonprofit, independent news organization that...
350685
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https://appleinsider.com/articles/24/09/08/apple-may-have-to-give-up-14b-plus-escrow-account-to-satisfy-eu-court
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Appleinsider
The European Union will issue a ruling on a decades-long dispute over a 2004 tax deal between its own Commission, Ireland, and iPhone maker Apple. At stake is at least $14.5 billion in back taxes. The court case has ramifications for Apple for much of its global business, as the headquarters in Cork, Ireland is Apple's headquarters for all of its non-US commerce.
350686
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https://www.nzherald.co.nz/business/kiwi-billionaire-backs-wealth-tax-with-a-catch/7CG335AIZ5D47J3U7ZBL7BOVTI/
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Nzherald
His multinational logistics and transport company Mainfreight is one of the country's biggest and most successful companies, currently valued at about $7.3b on the New Zealand Stock Exchange. Plested retains a 14% stake in the company.While Plested said he would personally be happy to pay more...
350688
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https://www.forexlive.com/news/opec-agrees-to-delay-october-oil-output-increase-report-20240905/
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Forexlive
High risk warning:
Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk...
Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk...
349502
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https://www.mdpi.com/1996-1073/17/17/4465
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Mdpi
1. IntroductionOne of the main tasks of today for every country in the world is to achieve energy independence. In addition, a long-term strategy to reduce harmful impacts on the climate and the environment is one of the priorities included in the development of a society, as was stated at the...
349500
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https://www.bangkokpost.com/business/general/2860812/law-to-tax-income-from-overseas-in-the-works
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Bangkokpost
The Thai Revenue Department is drafting a law to tax the income of individuals residing in Thailand that originates from overseas. The draft follows the international principle of worldwide income under the residence rule, said Kulaya Tantitemit, the director-general of the department. This principle holds that income earned by an individual, regardless of its source country, must be taxed by the country where the individual resides for a specified period.
349501
Signals
https://economictimes.indiatimes.com/industry/indl-goods/svs/steel/invited-steel-industry-to-discuss-unfair-competition-to-take-appropriate-steps-goyal/articleshow/113122415.cms
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Economictimes
New Delhi: Commerce and Industry Minister Piyush Goyal on Friday said he has invited the steel industry to discuss about the "unfair" competition that some of them are facing to take appropriate steps with a view to promote the sector's growth. Certain steel industry players have raised concerns...