- Editor's PickJP Mangalindan•6 hours ago
Apple (AAPL) dominated the news Tuesday after the European Commission said it must pay back $14.5 billion plus interest in back taxes to Ireland. Last October, the European Commission ruled that a tax arrangement between Starbucks (SBUX) and the Netherlands was illegal, forcing the Seattle-based coffee giant to pay back $32.7 million. For Amazon (AMZN) and McDonald’s (MCD), European tax investigations are ongoing.
- Editor's PickRick Newman•7 hours ago
Apple has long excelled at lowering its tax bill by exploiting legal loopholes allowing multinational corporations to move money to countries with the most favorable tax laws. The commission found that Apple made deals with the Irish government allowing it to attribute most of its European profits to two Irish subsidiaries, Apple Sales International and Apple Operations Europe.
- MarketWatch•7 hours ago
Besides Apple, European Union regulators have been scrutinizing the tax arrangements between its member countries and several U.S. companies such as Amazon, Google and McDonald's. Photo: AP, Getty Images....
Starbucks Corporation (SBUX)
NasdaqGS - NasdaqGS Real Time Price. Currency in USD
|Bid||56.31 x 500|
|Ask||56.60 x 300|
|Day's Range||56.01 - 56.75|
|52wk Range||52.63 - 64.00|
|1y Target Est||N/A|
Trade prices are not sourced from all markets
|P/E Ratio (ttm)||31.69|
|Avg Vol (3m)||8,845,390|
|Dividend & Yield||0.80 (1.40%)|