Tag Archives: taxes

EU orders Apple to pay Ireland up to €13bn in unpaid taxes

Ireland Apple unpaid taxes EU

Apple has been ordered to pay up to €13bn (£11bn) in back taxes to Ireland after the European commission ruled that deals between Apple and the Irish tax authorities amounted to illegal state aid. The commission said Ireland’s tax arrangements with Apple between 1991 and 2015 had allowed the US company to attribute sales …

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Former head of Morgan Stanley indicted for evading $45 million in taxes

Morris Zukerman Morgan Stanley tax evasion

Morris Zukerman spent 16 years at Morgan Stanley, at various points overseeing its energy and merchant banking practices, before starting his own investment firm in the late 1980s. His firm’s partners have included ConocoPhillips, ExxonMobil and Kinder Morgan. He endowed a Harvard sociology professorship. He collected dozens of expensive paintings, …

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David Cameron: Taxes will rise unless we can raid bank accounts

David Cameron

Taxes will have to rise unless officials are given new powers to raid people’s bank accounts, David Cameron has said. The Treasury select committee warned that allowing HM Revenue and Customs to remove cash from bank accounts without court orders is “very concerning” because of its history of mistakes. The …

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