Apple: Ireland collects over €14 billion in” unowed ” taxes

Apple: Ireland collects over €14 billion in” unowed ” taxes

The Irish government announced on Tuesday having collected the sum of €14.3 billion from the giant Apple. The sum corresponds to fiscal advantages believed by the European Union (EU) to be “unowed”, and which have been placed in a blocked account. The Irish Minister of Finances, Paschal Donohoe, explained in a communiqué that during the second and third quarters Apple deposited the amount in this account. The sum corresponds to €13.1 billion in assumed state aid, in addition to €1.2 billion in interest. In April, Ireland signed an agreement with…

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Airbnb promises more transparency on prices, conditions

Airbnb promises more transparency on prices, conditions

Airbnb’s online platform plans to improve the way It presents the prices of the rooms and houses it advertises, as well as the conditions of their use in accordance with European consumer law, the European Commission said. The Commission, which had already rapped the U.S. business on its fingers in July, said Airbnb had until the end of the year to implement the changes. The Commission had mainly faulted the way the platform presented the prices of its rooms and homes. It also felt users needed to be better protected…

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