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Tax News

Apple pays $193M tax in Australia

An investigation in Australia revealed the billions of dollars Apple has shifted in profits in an effort to minimize the company's tax.
In the Media by Owen Weldon - 1 comment

Some big U.S. companies dodge state income taxes: Study

Some profitable U.S. corporations that avoid paying federal income taxes manage to do the same in states where they operate, said a study issued on Thursday by a tax activist group. From 2008 through 2012, ten U.S.
In the Media by Reuters

Largest-ever U.S. tax-fraud phone scam targets thousands: IRS watchdog

Thousands of Americans nationwide have been targeted since August by a phone scam in which fraudsters claim to be from the U.S. Internal Revenue Service and demand money for unpaid taxes, said the IRS' watchdog on Thursday.
In the Media by Reuters

Exclusive: EU legal opinion opens door to Tobin tax on forex

Deals from the multi-trillion euro a day foreign exchange market could in principle be included in a tax on financial transactions, a legal opinion from European Union lawyers seen by Reuters said.
In the Media by Huw Jones (Reuters)

Germany's Gabriel wants Swiss bankers who aid evasion in court

Germany's center-left deputy chancellor hailed the jail sentence for tax evasion handed to Bayern Munich soccer boss Uli Hoeness and said the directors of Swiss banks that hide such funds should be hauled before the courts.
In the Media by Reuters

German court sentences Bayern boss Hoeness to jail for tax evasion

A German court convicted Bayern Munich president Uli Hoeness of tax evasion on Thursday and sentenced the man who turned the soccer club into one of the world's most successful sports dynasties to 3-1/2 year...
In the Media by Jens Hack (Reuters)

German prosecutor demands 5-1/2 years jail for Bayern boss Hoeness

Bayern Munich president Uli Hoeness should be sentenced to 5-1/2 years in jail for evading millions of euros in taxes, state prosecutor Achim von Engel said on Thursday at the end of a trial against the soccer manager.
In the Media by Reuters

Outlook for online state sales tax fix dims in U.S. Congress

Prospects for federal action to resolve a fight over state sales taxation of online retailing faded on Wednesday in the U.S.
In the Media by Patrick Temple-West (Reuters)

Italian PM announces 10 billion euros in tax cuts

Rome - New Italian Prime Minister Matteo Renzi on Wednesday announced ten billion euros worth of tax cuts in the first major economic announcement since he came to power last month.Renzi said ten million people earning less than 25,000 euros ($34,760) a year ...
In the Media by AFP
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Anti-HST protesters in Victoria  B.C.
Tony Sprackett
Anti-HST protesters in Victoria, B.C.
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