Luxembourg
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Apple Moving iTunes Headquarters to Ireland – One Tax Haven to Another!
Starting February 4, all of the non-US side of Apple’s business which includes the iTunes Store, Apple Music, the App Store and iBooks will be based in Cork, Ireland. Apple is also moving all developer contracts to Apple Distribution International, also based in Ireland. Apple is essentially moving from one…
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Luxembourg Reaches for the Stars with Prospector-X Spacecraft
It’s a well-known fact that Luxembourg is one of the world’s wealthiest countries, and it appears that it might become even richer in the future if its asteroid mining plans prove successful. To be more specific, Luxembourg is currently working with a California-based company named Deep Space Industries in order to…
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Amazon is Now Paying Full UK Taxes
The company that wants to bring us drone deliveries and deliveries to our cars has now changed its ways in terms of paying taxes. Up until recently, Amazon sifted sales through Luxembourg as to avoid profit Tax. In 2013, Amazon booked a huge £4.7 billion of UK sales through Luxembourg which…
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Intel Fined $1.4 Billion Due To “Unfair Sales Tactics”
Intel has lost a case this Thursday opened by the European Commision back in 2009, where Intel was charged with harming its competitor, Advanced Micro Devices, or most commonly known as AMD by giving rebates to PC makers such as Dell, Hewlett-Packard, NEC and Lenovo for buying most of their…
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