France

Apple hit with $29 million Aussie tax bill

Not even Apple can avoid taxes - although it tries. According to a Friday report, the Cupertino, California company owes the Australian Tax Office a nice 28.5 million Australian dollars in back taxes, or approximately $29 million in US currency. Apple's tax bill for the entire fiscal year 2012, which ended September 24, sits at $94.7 million on $4.9 billion in revenue in local currency. Earlier this week, the French government demanded Amazon pay $252 million in back taxes. The government charged the online retail giant operated a network of smaller units, including a Luxembourgh-based tax haven...

Apple Accused of Witholding $6.3 Million in Taxes from French iPad Sales

Apple is coming under new accusations today for reportedly witholding payments due from 'copy tax', from iPads sold in France. French publication Les Echos is reporting that Apple is refusing to pay the tax on 64GB iPads sold in 2011, and is now coming under-fire.

Apple reportedly owes a total of €4.74 million ($6.3 million), which comes from the 500,000 iPads sold in France during 2011.

So what is a copy tax exactly?