Violation Tracker Global

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Violation Tracker Global: Individual Record

Company: Apple Inc.
Current Parent Company: Apple Inc.
Parent at the Time of the Penalty Announcement: Apple Inc.
Jurisdiction: Italy
Region: Europe
Penalty Currency: Euro
Penalty Amount in Original Currency: 318,000,000
U.S. Dollar Equivalent at the Time of the Penalty Announcement: $348,493,020
Year: 2015
Date: December 30, 2015
Agency: Italian Court System
Offense Group: financial offenses
Offense Category: tax violations
Description: Apple reached an agreement with Italian authorities to resolve allegations it was underpaying corporate income taxes. The amount of back taxes paid was reported to be 318 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: VTG24-70882