Apple Inc (AAPL.OQ)
|Market Cap (Mil.):||$414,276.50|
|Shares Outstanding (Mil.):||938.65|
SAN FRANCISCO/DUBLIN - Apple has operated almost tax-free in Ireland since 1980, welcomed by a government keen to bring jobs to what was then one of Europe's poorest countries, former company executives and Irish officials have said.
SAN FRANCISCO/DUBLIN, May 23 - Apple has operated almost tax-free in Ireland since 1980, welcomed by a government keen to bring jobs to what was then one of Europe's poorest countries, former company executives and Irish officials have said.
DUBLIN - Ireland's finance minister said the country would not be the "whipping boy" for what he called a flawed U.S. Senate report that said Irish loopholes helped technology giant Apple shrink its tax bill.
WASHINGTON - For years, Apple Inc kept a low profile in Washington as it grew into one of the most valuable companies in the world. Now the iPad maker has taken the lead, perhaps inadvertently, on a top priority for U.S. business: simplifying America's tax code.
* Irish government calls Senate report "wrong and misleading"
DUBLIN - Ireland called on Wednesday for an international clampdown on multinationals shifting profits around the world to avoid tax, after criticism that Irish loopholes helped technology giant Apple to shrink its tax bill.
These are some of the leading stories in Ireland's newspapers on Wednesday. Reuters has not verified these stories and cannot vouch for their accuracy:
WASHINGTON - Apple Inc Chief Executive Tim Cook made no apology on Tuesday for the iPad maker saving billions of dollars in U.S. taxes through Irish subsidiaries and told lawmakers that his company backs corporate tax reform, even though it may end up paying more. | Video
LONDON, May 21 - Apple's ability to shelter billions of dollars of income from tax has depended on an unusual loophole in the Irish tax code that helps the country compete with other countries for investment and jobs.
CORK/DUBLIN - Ireland said on Tuesday it was not to blame for Apple Inc's low global tax payments and had no special rate deal with the company after the U.S. Senate said it paid little or no tax on tens of billions of dollars in profits stashed in Irish subsidiaries. | Video
|SONY CORPORATION (6758.T)||¥2,159||-131.00|
|Acer Incorporated (2353.TW)||NT$24.55||-0.25|
|Hewlett-Packard Company (HPQ.N)||$24.58||+3.35|
|Microsoft Corporation (MSFT.OQ)||$34.28||-0.32|
|Dell Inc. (DELL.OQ)||$13.38||+0.00|
|Intel Corporation (INTC.OQ)||$24.02||-0.05|
|Cisco Systems, Inc. (CSCO.OQ)||$23.54||+0.20|
|Nokia Oyj (NOK1V.HE)||€2.79||-0.13|
|Google Inc (GOOG.OQ)||$885.09||-4.33|
|Research In Motion Ltd (BB.TO)||$15.03||+0.02|
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