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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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22 weeks 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 Positives
22 weeks ago
Apple should just buy Italy straight out in cash and be done with it ...:D
Rating: 17 Positives
22 weeks 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 Positives
22 weeks ago

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


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

It does sound a bit like a shakedown. Italy is known for corruption.


When your country is going bankrupt you will do anything to pay the bills.
Rating: 4 Positives
22 weeks ago
if Apple is illegally avoiding taxes, by all means, go after them for the owed money and penalties.

However, just because they may not be paying as much as you would like them to be, does not, in and of itself, constitute fraud or avoidance.

We shall see where this lands. I feel it will go no where, and just waste more Italian tax payer dollars and turn up nothing, but we shall see.
Rating: 4 Positives

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