In a dramatic twist to the long-standing dispute over Apple’s back taxes, the European Commission has taken the matter to the Court of Justice of the European Union, seeking to overturn a lower tribunal’s decision that favored the tech giant. If successful, this move could result in Apple being held accountable for a staggering sum…
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Apple’s tax agreement with its hometown of Cupertino is under audit by state regulators in California. According to Bloomberg, the California Department of Tax and Fee Administration began auditing the agreement between Apple and the City of Cupertino in 2021. The audit focused on how Apple treats online sales. Apple’s arrangement with Cupertino is such…