• Apple Hit Up for Some Major French Bread

    by
    Michael Essany
    Published on 2013-06-03 10:26 PM
    9 Comments Comments


    Apple is being put in the tax man's hot seat once again, but this time with the French government.

    According to reports out of Europe today, Apple is being compelled to cough up some major bread to satisfy tax debts dating back to 2011. French association SACEM recently determined that Apple fell short of paying an estimated 5 million euros (or $6.5 million in US dollars) in royalties and taxes on iPads that were sold in France in 2011.

    If you're not familiar with the SACEM, this body governs royalties distribution in France.

    In France (same goes for Germany), there is a special tax levied on any and all digital devices capable of transferring, reading, or distributing copyrighted materials. In France, this taxed amount is received by the SACEM. From there, the funds are collected, assessed, and distributed accordingly among the creators/participants of the copyrighted content.

    The issue with regard to this matter isn't that Apple failed to collect this tax. Apple did collected the added fees, we're told. The problem is that Apple simply failed to fork over the funds to the SACEM.

    Apple has not yet offered formal comment on this taxing new matter.

    Source: TNW
    This article was originally published in forum thread: Apple Hit Up for Some Major French Bread started by Michael Essany View original post
    1. Categories:
    2. Apple,
    3. iPad
    Comments 9 Comments
    1. vinaygoel2000's Avatar
      vinaygoel2000 - 2013-06-03, 10:32 PM
      I wouldn't call that "major".
    1. tridley68's Avatar
      tridley68 - 2013-06-03, 10:51 PM
      Quote Originally Posted by vinaygoel2000 View Post
      I wouldn't call that "major".
      Damn thoes French dipsticks!
    1. slim.jim's Avatar
      slim.jim - 2013-06-03, 11:14 PM
      $6.5 million is just a trip to the ATM for Apple.
    1. unison999's Avatar
      unison999 - 2013-06-03, 11:35 PM
      Quote Originally Posted by vinaygoel2000 View Post
      I wouldn't call that "major".
      Apple may not call it "major" but unless you personally are a billionaire $6.5 million is major even to muti-millionaires
    1. rickuk's Avatar
      rickuk - 2013-06-03, 11:36 PM
      Apple should move their whole business to the UK, they will amongst friends like Amazon, Google and Starbucks who get away with paying very little tax in the UK
    1. unison999's Avatar
      unison999 - 2013-06-03, 11:45 PM
      Quote Originally Posted by rickuk View Post
      Apple should move their whole business to the UK, they will amongst friends like Amazon, Google and Starbucks who get away with paying very little tax in the UK
      Why would they? They are already paying very little in taxes in Scotland, which btw they are getting in trouble here in U.S.
      Also moving the whole business to UK would not solve the issue mentioned in this particular thread.
    1. vinaygoel2000's Avatar
      vinaygoel2000 - 2013-06-04, 12:19 AM
      Quote Originally Posted by unison999 View Post
      Apple may not call it "major" but unless you personally are a billionaire $6.5 million is major even to muti-millionaires
      I'm obviously talking about Apple.
    1. knd775's Avatar
      knd775 - 2013-06-04, 01:21 AM
      I really, really hate the title of this article. It's so stupid.
    1. quidam_brujah's Avatar
      quidam_brujah - 2013-06-06, 02:40 PM
      Quote Originally Posted by knd775 View Post
      I really, really hate the title of this article. It's so stupid.
      [SARCASM]
      Oh, I GET it! Because its happening in FRANCE and they make bread and, uh, BREAD can also mean MONEY and, uh, um, uh, yeah... Ok... Not so funny...
      [/SARCASM]

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