Tax News
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At Google’s annual shareholder meeting in Mountain View hundreds of thousands of consumers around the world are joining with Google shareholders in a resolution urging the corporation to pay more than $2 billion in taxes owed around the world.
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If you're among the lucky folks getting money back from the feds, here are a few ways to ensure you get the biggest bang out of those bucks.
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A U.S.
In the Media
by Reuters
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An investigation in Australia revealed the billions of dollars Apple has shifted in profits in an effort to minimize the company's tax.
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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
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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
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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)
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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
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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)
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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
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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)
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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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Bayern Munich president Uli Hoeness, once one of Germany's most admired soccer managers, heads to court on Monday to face charges that he dodged taxes in a case that shocked the German public and spurred o...
In the Media
by Jörn Poltz (Reuters)
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Amazon's tax affairs could come under more scrutiny in Britain, tax experts said, after a judge questioned whether it really was organized in the tax efficient way it said it was.
In the Media
by Tom Bergin (Reuters)
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Sydney -
US tech giant Apple was on Thursday accused of shifting nearly Aus$9 billion (US$8.1 billion) in untaxed profits from its Australian operations to Ireland over the past decade.An investigation by the Australian Financial Review obtained 10 years worth ...
In the Media
by AFP
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Italy has dropped a planned internet tax sometimes dubbed the "Google tax", in one of the first measures enacted by the new government of Matteo Renzi, an official said on Friday.
In the Media
by Reuters
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U.S.
In the Media
by Douwe Miedema and Patrick Temple-West (Reuters)
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Many of the most profitable U.S.
In the Media
by Kevin Drawbaugh and Patrick Temple-West (Reuters)
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Barcelona have paid 13.5 million euros ($18.53 million) to the Spanish treasury after they were charged last week with tax fraud in the signing of Brazil forward Neymar.
In the Media
by Iain Rogers (Reuters)
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U.S. prosecutors are widening their probe of how Swiss banks helped wealthy Americans avoid taxes to look at insurers as well, the Wall Street Journal reported on Monday, citing unnamed sources.
In the Media
by Reuters
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Sydney -
The OECD on Sunday delivered a new global standard to crack down on tax evasion with more than 40 countries already committing to measures which the European Commission called "a big step" forward.Organisation for Economic Cooperation and Development (...
In the Media
by Martin Parry (AFP)
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Sydney -
The OECD on Sunday delivered a new global standard to crack down on tax evasion with more than 40 countries already committing to the measures.Organisation for Economic Cooperation and Development (OECD) chief Angel Gurria called it "a real game-change...
In the Media
by Martin Parry (AFP)
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Switzerland must adopt a position on sharing bank client data with foreign tax authorities more quickly than originally thought and cannot hold back until all other countries have introduced the practice, its finance minister told a ...
In the Media
by Reuters
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Barcelona have denied wrongdoing after local media said Spain's public prosecutor had asked for charges to be brought against the club for alleged tax fraud in last year's signing of Brazil forward Neymar.
In the Media
by Reuters
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Kev Imandoust guards his U.S. Social Security number with 25-character passwords and email encryption software.
In the Media
by Patrick Temple-West (Reuters)
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Brussels -
French energy giant GDF Suez said on Sunday it was "astonished" by Belgian press reports alleging it had tried to avoid paying local taxes."GDF Suez is astonished by the published articles and formally contests their content," the company said in a sta...
In the Media
by AFP
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Tokyo -
Japan said on Friday it is moving to speed up the impact of a $50 billion stimulus package aimed at countering any slowdown from a looming sales tax hike.The rare move -- which sets out a timeline for spending a big chunk of the special budget -- comes...
In the Media
by AFP
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India plans to withdraw from talks with Vodafone Group Plc to resolve a nearly $2 billion tax dispute after the British operator pushed for the inclusion of a separate tax case in the talks, according to an internal government not...
In the Media
by Reuters
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Berlin -
Many of Germany's rich, powerful and famous have hit trouble recently, not because of drugs or sexual escapades, but because the taxman has found out about their Swiss bank accounts.
In the Media
by Marie Julien (AFP) - 1 comment
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Paris -
Ireland is not a tax haven and Internet giants such as Yahoo! are attracted to the low-tax country for sound business reasons, the Irish prime minister insisted on Friday, fending off a French attack.
In the Media
by Aurélia End (AFP)
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Tax Image
A plastic bag in Toronto now costs six cents.
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Duncan Lee, an American CPA and Tai Ji Men dizi, explained the details of Tai Ji Men tax case.
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Tony Sprackett
Anti-HST protesters in Victoria, B.C.
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Flickr
Microsoft’s small business blog argued that the new Xbox One is a tax-deductible expense.
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