Today's Hard|Forum Post
Today's Hard|Forum Post

Monday June 03, 2013

Apple Owes France $6.5M In Unpaid Taxes

Apple owes $6.5M in unpaid taxes? What's the big deal? That's petty cash / couch cushion money to them.

SACEM, a French society that controls royalties paid to authors, composers, and publishers, said on Friday that Apple owes 5 million euros ($6.5 million) in royalty taxes from iPads sold in France in 2011. The tax, known in France as a copie privee, is levied against all vendors of digital devices that use copyrighted content, according to French blog site The Rude Baguette.