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Apple Under Investigation for $1.3 Billion Italian Tax Fraud

Apple is under investigation by Italian authorities for alleged tax fraud, according to local reports and Reuters.

The Government believes Apple may have hidden more than $1.3 billion from the Italian tax authority and investigators in that country have been aggressive with their tax probes in recent years.

Via Rizzoli Apple Store
According to Reuters:
The maker of the iPhone is the latest prominent corporation to become the target of a tax probe in Italy amid a global crackdown on tax cheating by multinationals.

In Italy, where tax authorities have become more aggressive in their dealings with global companies, fashion designers Domenico Dolce and Stefano Gabbana were handed in June a 20-month suspended prison sentence and a heavy fine for hiding hundreds of millions of euros in unpaid taxes. Both deny any wrongdoing.
Apple has been fined more than $1 million by Italian regulators in a separate case, after the company was found not providing consumers with proper disclosures related to the warranties that Italian consumers automatically get under local law.

Apple currently operates fourteen Apple Retail Store locations in Italy, including the Via Rizzoli location in Bologna, pictured above.

Top Rated Comments

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11 months ago

I find it pretty rich the Italian authorities speaking about curroption and fraud considering who they have answered to over the past decade or so and fail to adequately prosecute dispite the evidence.

This truly is a case of Itsly is strapped for cash so lets have a go at a conpany for some money. I hope Apple is holding out on them and threatens to take its stores out of Italy. Its only a small country and wont be missed business wise.


Or, y'know, the investigation actually turns up solid evidence of tax avoidance.
Rating: 18 Votes
11 months ago
Apple should just buy Italy straight out in cash and be done with it ...:D
Rating: 17 Votes
11 months ago
Some American users responses to this make me chuckle wholeheartedly :)

Glad to know you're ok with multinational corporations like Amazon and Apple avoiding (even in perfectly legal ways) to pay billions in taxes both in the US and Europe every year :) While regular US and EU citizens pay taxes to the last cent.

Yeah a shakedown...because we're talking about companies who NEVER practiced any kind of tax avoidance and do their best to contribute with taxes to the countries where their businesses take place....right.

Nothing wrong in LOOKING INTO the matter. Apple doesn't lack lawyers to defend itself.
Rating: 15 Votes
11 months ago

Sure, Apple has cash, let's tackle Apple.


It does sound a bit like a shakedown. Italy is known for corruption.
Rating: 12 Votes
11 months ago
Sure, Apple has cash, let's tackle Apple.
Rating: 9 Votes
11 months ago

Some American users responses to this make me chuckle wholeheartedly :)


Chuckle all you want. I am of Italian descent and my mother was born in Italy. Because of Italy's poor financial status it made it very difficult for my mother to get inheritance money out of the country. The government wanted to essentially steal her entire inheritance unless she moved back to Italy and spent it there. Your blind nationalism makes me chuckle.
Rating: 7 Votes
11 months ago
I find it pretty rich the Italian authorities speaking about curroption and fraud considering who they have answered to over the past decade or so and fail to adequately prosecute dispite the evidence.

This truly is a case of Italy is strapped for cash so lets have a go at a conpany for some money. I hope Apple is holding out on them and threatens to take its stores out of Italy. Its only a small country and wont be missed business wise.
Rating: 5 Votes
11 months ago

Some American users responses to this make me chuckle wholeheartedly :)

Glad to know you're ok with multinational corporations like Amazon and Apple avoiding (even in perfectly legal ways) to pay billions in taxes both in the US and Europe every year :) While regular US and EU citizens pay taxes to the last cent.


I don't pay one cent more in taxes than I am legally obligated to pay. I have no problem with Apple or any other business practicing the same. There's a difference between tax avoidance and tax evasion.
Rating: 5 Votes
11 months ago

Sure, Apple has cash, let's tackle Apple.


Fraud is fraud, like it or not. And fraud needs to be dealt with. Especially 1.3 billion dollars.
Rating: 4 Votes
11 months ago
Ok.

I'm italian. I'm living in Italy. I'm PROUD being italian.

I read a lot of bul***it about Italy being bankrupting (sorry, maybe you're confusing with Greece): there's an economical crisis, that's true. But the country is not bankrupting. We're not starving. And we're paying our bills with our own pockets, not with Germany's ones. May I respectfully remind that it was US, and not Italy, going through a public service shutdown (never happened in our history) and very close to a public financial default less than one month ago? Please have a look at your own mirror first.

About Italy being almost synonimous of "corruption": nice. Just because some (not all) Italian politicians were involved on that, here you are a whole country considered as "inherently corrupted". Many thanks by the 99% honest italian citizens.

And almost everybody here appear to be forgetting a simple, basic point: *infringing the laws of a country is illegal*. Full stop. Laws apply to everyone at the same extent.

Now, frauding tax is illegal in Italy, as it is the U.S. and in most countries in the world. That's the pure and simple fact. So, why the hell should the Italian judges ignore an illegal act, such as heavy tax frauding? Or, according to some odd opinions I read here, since in your mind "Italy=corruption" then also laws shouldn't be applied? Please, come on.

Apple allegedly frauded over 1 billion euros, something close to 1.5 US$ billions. Would you have blamed an US judge, if she opened an investigation on a company frauding the US government for such an amount? Or would you instead think "Hey, that guy is doing the right thing"?

So: please, stop offending (uselessy and pointlessly) the italian people just because of your distorced and unreal image of my country.

Please, be respectful to judges who are just doing their job as HONEST people: having laws respected by everyone, no matters if big or little.

Please, be respectful to Italy, as italians are respectful to your countries.

Thanks.
Rating: 4 Votes

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