MacMusic  |  PcMusic  |  440 Software  |  440 Forums  |  440TV  |  Zicos
sales
Search

Cupertino returns $12.1 million to Apple after long-running sales tax dispute

Monday April 21, 2025. 04:25 PM , from AppleInsider
Cupertino returns $12.1 million to Apple after long-running sales tax dispute
Cupertino has paid Apple $12.1 million, settling a sales tax dispute that reshapes how tech giants and cities do business in California.Apple ParkSince 1998, Apple has treated all of its online sales within California as if they originated in Cupertino. That arrangement allowed the city to collect 1% of Apple's 7.25% sales tax, according to Silicon Valley.In its latest move to resolve the long-running dispute, City Council approved the payment during a Tuesday meeting with no discussion. The refund covers sales tax revenue Apple generated between January 2023 and June 2024. Continue Reading on AppleInsider | Discuss on our Forums
https://appleinsider.com/articles/25/04/21/cupertino-returns-121-million-to-apple-after-long-running...

Related News

News copyright owned by their original publishers | Copyright © 2004 - 2025 Zicos / 440Network
Current Date
Apr, Tue 22 - 04:24 CEST