Saturday, 22nd January 2022
<To guardian.ng
Search

EU tax crackdown bruises Apple and Amazon

By Reuters
05 October 2017   |   8:00 am
The European Union's crackdown on tax avoidance has now swept in Amazon, with an order to pay up $294 million in back taxes to Luxembourg as the bloc brings Ireland to court over a similar case with Apple.

Related

22 Aug
The iPhone and iPad manufacturer said its plan to check the photos of US users for evidence of child abuse had been widely "misunderstood". CEO Tim Cook is yet to publicly comment on the privacy row.
4 Sep
The American press breaks down the "sinister brilliance" of an anti-abortion law that's gone into effect in Texas. We also look at coverage of record flooding in New York and how the intensity of storms is increasingly hard to predict because of climate change. Finally, we discover the papers' take on the latest in brain science: how our thoughts could soon be read by machines and how dogs may be smarter than we thought.
12 Sep
The feature had been intended to scan for images of child sexual abuse. But it quickly drew concern over potential misuse as a "backdoor" for hacking and surveillance.
13 Sep
A US federal court has ordered Apple to accommodate developers when it comes to payments for apps and services. The ruling came in the legal tussle between Apple and Epic Games.
14 Sep
Apple has urged users to update the software on their iPhones, iPads, Apple Watches and Macs to plug a security weakness that allowed for spyware infections. The vulnerability was discovered by researchers at the University of Toronto, who said it was the first "zero click" attack, where users don't have to click on a link or a file to be affected. Also today, we look at the French central bank's latest forecast, in which it warns a labour shortage could derail the economic recovery.
17 Oct
Birds chirp near a river in the Ecuadorian jungle, five hours from the capital Quito, as Gregorio Mirabal expresses fear for the 500 tribes that often act as guardians of the Amazon rainforest and who face attacks, and even death, as a result.
24 Oct
Taiwanese tech giant Foxconn unveils three electric vehicles, boosting its bid to be a major player in the rapidly expanding EV market as it seeks companies to partner with.
22 Oct
Tired of seeing the lush Amazon destroyed over many years, Brazilian street artist Mundano decided to let nature speak for itself: he has painted a giant mural in Sao Paolo using ashes he collected from the scorched rainforest.
19 Nov
This comes after the Brazilian government committed to end illegal deforestation at the UN climate summit in Glasgow.
27 Nov
Indian police claim two marijuana smugglers were using Amazon's website to order and move their product. Investigators accused the retail giant of "not cooperating" with the authorities.
23 Nov
Italy's antitrust authority has fined U.S. tech giants Amazon and Apple a total of more than 200 million euros ($225 million) for alleged anti-competitive cooperation in the sale of Apple and Beats products.
12 Dec
The 'agricultural mafia' taking over Brazil's Amazon rainforest