Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nasdaq  >  Apple Inc.    AAPL

APPLE INC.

(AAPL)
  Report  
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

Apple : EU scrutinising around six other 1990 Irish tax opinions - report

share with twitter share with LinkedIn share with facebook
share via e-mail
0
09/04/2016 | 05:45am EDT
File photo of Ireland's national flag flying above a statue in Dublin

DUBLIN (Reuters) - The European Commission is scrutinising around six tax opinions multinationals received in Ireland in the early 1990s, the same period in which it said one granted to Apple amounted to illegal state aid, Ireland's Sunday Business Post said.

Last week, European Union antitrust regulators ordered Apple to pay up to 13 billion euros ($14.5 billion) in taxes to the Irish government after ruling that Ireland granted undue and selective tax benefit to the company.

Apple denies that Dublin gave it any tax breaks, a view shared by Ireland's Office of the Revenue Commissioners, which assesses and collects taxes, and the Irish government, which on Friday agreed to join Apple in appealing the decision.

The Commission is now actively scrutinising multiple tax opinions given to multinationals in Ireland and focusing on around six that could lead to Apple-style investigations, the Sunday Business Post said, without quoting any sources.

Irish Finance Minister Michael Noonan has, along with the Revenue Commissioners, said the opinions given to Apple were done in accordance with the law of the time and that any other company could and would have received the same advice. No companies received preferential treatment, they said.

The Commission has two outstanding cases involving two more U.S. firms, Amazon and McDonald's, both in Luxembourg, and is expected to press on with a crack down on other similar deals, officials and experts said last week.

(Reporting by Padraic Halpin; Editing by Raissa Kasolowsky)

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on APPLE INC.
10/21MARKET SNAPSHOT: Stocks Close Higher; Dow's Ascent Clipped By Boeing's Slump
DJ
10/21APPLE : starts selling locally assembled iPhone XR in India
RE
10/21Taiwan September export orders fall for eleventh month, rebound seen ahead
RE
10/20WALL STREET WEEK AHEAD : Tech haves and have-nots face third-quarter tests
RE
10/20Osram labour reps reaffirm opposition to AMS takeover offer
RE
10/18House antitrust probe report likely by 'first part' of 2020
RE
10/18AMS PLANS NEW OSRAM OFFER : Same price, lower acceptance rate
RE
10/18TIM COOK : Apple's Cook meets China regulator after pulling Hong Kong app
RE
10/18AT&T Seeks To Resolve Activist Campaign -- WSJ
DJ
10/18APPLE : celebrates “Dickinson,” coming to Apple TV+ November 1
PU
More news
Financials (USD)
Sales 2019 259 B
EBIT 2019 63 382 M
Net income 2019 54 262 M
Finance 2019 102 B
Yield 2019 1,25%
P/E ratio 2019 20,6x
P/E ratio 2020 18,9x
EV / Sales2019 3,80x
EV / Sales2020 3,68x
Capitalization 1 087 B
Chart APPLE INC.
Duration : Period :
Apple Inc. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends APPLE INC.
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 45
Average target price 229,22  $
Last Close Price 240,51  $
Spread / Highest target 16,4%
Spread / Average Target -4,69%
Spread / Lowest Target -37,6%
EPS Revisions
Managers
NameTitle
Timothy Donald Cook Chief Executive Officer & Director
Arthur D. Levinson Chairman
Jeffrey E. Williams Chief Operating Officer
Luca Maestri Chief Financial Officer & Senior Vice President
Kevin M. Lynch Vice President-Technology
Sector and Competitors
1st jan.Capitalization (M$)
APPLE INC.49.87%1 086 908
SAMSUNG ELECTRONICS CO LTD--.--%280 733
XIAOMI CORP--.--%26 083
WINGTECH TECHNOLOGY CO.,LTD225.46%6 189
MERRY ELECTRONICS CO LTD--.--%1 028
FITBIT, INC.-22.33%997