Everand Logo

Welcome to Everand!

  • TIME

    Apple’s $14.5 billion tax spat signals a world of uncertainty for big corporations

    by Rana Foroohar Sep 03, 2016 2 minutes
    CEO Tim Cook pushed back, writing, “The European Commission has launched an effort to rewrite Apple’s history in Europe . . . and upend the international tax system.”

    EVER HEAR OF A DOUBLE IRISH? It’s not a drink but one of the controversial tax strategies that help some American companies keep profits abroad at lower rates. Such strategies are at the heart of the Aug. 30 ruling by the European Union demanding that Ireland claw back $14.5 billion in allegedly unpaid taxes from Apple, the world’s most valuable tech

    You’re reading a preview, subscribe to read more.

    More from TIME

    TIME3 min read
    Milestones
    When King Charles III bestowed new honors on his family members on April 23, St. George’s Day, the batch of titles sounded as grand as can be: his son William, the Prince of Wales, became Great Master of the Most Honourable Order of the Bath; Charles
    TIME12 min read
    Holding Court
    At the BNP Paribas Open in Indian Wells, Calif., maybe the most prestigious nonmajor tournament on the global tennis tour, players conduct their warm-up routines on a patch of grass outside the stadium. Some toss medicine balls to their trainers, whi
    TIME2 min read
    A Man In Full, Adapted And Redacted
    Tom Wolfe’s A Man in Full is a massive book, in more ways than one. The 742-page social novel about a swaggering Atlanta real estate mogul, which took Wolfe over a decade to write, sold a jaw-dropping 1.4 million hardcover copies after its publicatio

    Related Books & Audiobooks