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Apple paid nearly 11 billion euros in back taxes, and Ireland's tax revenue reached a record high in 2024.
① The Irish Department of Finance stated on Monday that the country's total tax revenue for 2024 reached 1080 million euros, setting a historical record, mainly due to the substantial back taxes paid by Apple Inc.; ② In September 2024, the European Court ruled that Apple Inc. must pay 13 billion euros in back taxes to Ireland, bringing an end to this eight-year-long litigation.
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The cryptocurrency Industry is facing profit squeezes, and USA mining companies are "making ends meet".
It is estimated that in the third quarter of last year, the Average Cost of producing Bitcoin for all miners listed in the USA was $55,950 per coin, a 13% increase from the previous quarter, with an Average Cost of $106,000 including depreciation and stock-based compensation costs. Bitcoin is currently priced at $101,439.1. This means that if the price of Bitcoin does not rise, it may lead to many miners shutting down their machines or going bankrupt.
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