Apple Owes More Than $500K in Taxes for iPhones Sold Between 2010 and 2013

2021-02-20 447 Posted by 3uTools

Apple Owes More Than $500K in Taxes for iPhones Sold Between 2010 and 2013


Apple reportedly owes more than $500,000 in sales tax and penalties in the U.S. state of Maine for iPhone models it sold between 2010 and 2013, according to a new report.

The state's Supreme Judicial Court overturned a previous decision that sided with Apple after Maine's tax assessor argued that the Cupertino tech giant underpaid its taxes, according to local media outlet WGME.

Apple should have paid state taxes on the full price of iPhone models sold at a discount through wireless carrier contracts, the court ruled. Specifically, the court used the example of subsidized devices that are purchased on contract through carriers.

A state tax audit found that Apple owes $430,000 in sales tax and more than $100,000 in fines from May 2010 through April 2013 in Maine. The state says that it should have taxed Apple at the full cost of the iPhones since it had agreements with carriers to recoup the cost differences.

Reportedly, the issue only applied to iPhone models bought at a discount directly from Apple. That generated separate bills for the device and carrier charges.

Source: Appleinsider

Related Articles

Ireland Says EU Overstepped in Apple Tax Decision First Weekend of iPhone X Outpaces iPhone 8 Apple Considering Future iPhone Models with ‘Hover’ Gestures and Curved Screens All Three 2020 iPhone Models Expected to Have 5G Wireless Connectivity Apple Might Debut an eSIM Chip in its 2018 iPhone Models iPhone 2018 Models Unlikely to Bundle Lightning to 3.5mm Headphone Jack Adapters Apple iOS 10.2 Update Issues: More iPhone Models Plagued By 30% Battery Bug Apple Has Reportedly Relocated Its International Tax Residency to Jersey