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Violation Tracker Global: Individual Record

Company: Apple Inc.
Current Parent CompanyApple Inc.
Parent at the Time of the Penalty Announcement: Apple Inc.
Jurisdiction: France
Region: Europe
Penalty Currency: Euro
Penalty Amount in Original Currency: 500,000,000
U.S. Dollar Equivalent at the Time of the Penalty Announcement: $572,095,000
Year: 2019
Date: February 5, 2019
Agency: French Court System
Offense Group: financial offenses
Offense Category: tax violations
Description: Apple reached an agreement with French authorities to resolve allegations it was underpaying corporate income taxes. The amount of back taxes paid was reported to be 500 million euros.
HQ Country of Current Parent: USA
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: electrical and electronic equipment
Specific Industry of Current Parent: computers
Source of Data(click here)
VTG Record ID: VTG24-69570