Taxes News
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Jakarta -
Google is facing investigation in Indonesia for allegedly refusing to cooperate with the country’s revenue agency, which is looking into claims the Internet giant failed to settle its local tax obligations.
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A lot of states have come to understand that they can't completely get rid of Airbnb. However, a few states have decided to make money off of the home-sharing site by taxing it.
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By AFP
Washington -
The US government is expected to hit Facebook with a bill for between $3 billion and $5 billion in back taxes, the social network has disclosed.
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The Internal Revenue Service notified Coca-Cola that it owes $3.3 billion in federal taxes, as well as interest for 2007 to 2009.
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By AFP
Paris -
John Malkovich has filed a defamation suit against French daily Le Monde over Swissleaks reports the US actor says incorrectly stated he owned a secret Swiss account, his lawyer said Monday.
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On April 15, millions of Americans will be scrambling to get their tax bills paid to the government. While most tax-payers complain that paying a large tax bill is too much, they should be glad they didn't live in ancient Egypt. They paid hefty taxes.
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If a new budget proposal by the governor gets approved in the state of Maine, then nonprofits could end up paying property taxes.
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By AFP
Madrid -
Spanish protest party Podemos faced growing attacks Tuesday over alleged financial irregularities by a top leader who advised late Venezuelan President Hugo Chavez and other left-wing Latin American governments.
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President Barack Obama scores another winner with his proposal to offer a temporary, 14 percent tax on U.S. corporations' foreign-parked profits, followed by a 19 percent tax after this year. This tax is intended to pay for infrastructure improvements.
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President Obama is on a progressive hot streak as his second term approaches halftime: He's proposed subsidized broadband Internet for everyone, free community college for all, and now he wants to raise the capital gains tax to make the rich pay more.
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For UK workers and their families, how they save and bequeath money to heirs has changed dramatically over a relatively short period of time.
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In what are the largest anti-government demonstrations in years about ten thousand people streamed across bridges over the Danube in Budapest to protest against a proposed tax on the Internet.
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Sacramento -
As Californians prepare to go to the polls, the Democrats will once again rule the state, but with anger towards big government and the GOP concentrating on demographics, the Democratic dominance could soon be ending.
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Dublin -
In his toughest comments yet on the subject, Barack Obama accused big US corporations of trying to manipulate “the system” by “magically becoming Irish” through tax inversion deals.
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During the first five and a half years of his presidency – and I imagine for the 30 or so months that remain — I’ve had a difficult time supporting many of the decisions made by President Obama.
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U.S. Master Limited Partnerships are an interesting opportunity for Canadian, yield-oriented investors. Most of them provide distributions above 6%. Unfortunately, many Canadians have been incorrectly informed about tax reporting requirements.
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The November midterm elections are shaping up to be a referendum on Obamacare in the congressional races — however, in the gubernatorial and state legislature contests, the election may be about something else entirely.
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By Reuters
Four of the biggest U.S. technology groups collectively hold an estimated $124 billion in U.S. Treasury debt, much of it offshore, earning them tax-free interest, the UK's Bureau of Investigative Journalism (BIJ) said on Thursday.
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By Reuters
Tom Perkins, the Silicon Valley venture capitalist who compared the plight of the wealthiest Americans to Jews in Nazi Germany, offered up a provocative new idea on what the rich deserve: more vot...
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Ahead of President Obama's State of the Union address tonight, it might be helpful understand the scope of the mathematics that are being tossed around on the minimum wage question.
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The Philippines' Bureau of Internal Revenue (BIR) appears to have scored another legal victory in its effort to collect outstanding tax dues from Manny Pacquiao and wife Jinkee estimated at $50 Million.
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Top Rank Promotions owner Bob Arum is reportedly paying eight-division world champion Manny Pacquiao a guaranteed sum of $20 million to face unbeaten WBO welterweight champ Timothy Bradley in a rematch at the MGM Grand in Las, Vegas, Nevada.
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With the 2014 midterm election narrative likely to center on income inequality, congressional legislators and candidates should look to meaningful comprehensive tax reform.
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Ty Warner, the billionaire creator of Beanie Babies toys, pleaded guilty to tax evasion in October, but on Tuesday it was announced that he won't serve any prison time for hiding millions of dollars in secret Swiss bank accounts to evade taxes.
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Floyd Mayweather has been busy in the last couple of days engaging potential opponent Manny Pacquiao in a comical and sometimes insulting play of words to make it appear that he is now ready to face Pacquiao in the ring after three years of failed talks.
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Filipino boxing superstar Manny Pacquiao could lose every cent he expects to make in his upcoming fight in the U.S. which is tentatively scheduled for April or May possibly against unbeaten American boxer Timothy Bradley or Mexican Juan Manuel Marquez
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If Manny Pacquiao gets $18 million — the same amount he was reportedly paid by his promoter when he fought Brandon Rios in Macau — it won't be enough to settle his tax obligations with the US Internal Revenue Service (IRS).
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Manny Pacquiao's promoter Bob Arum says his company, Top Rank Promotions has been religiously remitting at least 30% of Pacquiao's taxable income in the US to the Internal Revenue Service (IRS) but a TMZ report says Pacquiao still owes IRS $18 million.
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Detroit -
Speaking at the opening of the Republican Party office in Detroit, Senator Rand Paul (R-KY) stressed the need for the GOP to infiltrate markets the party has largely ignored.
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In an effort to combat offshore tax evasion, the Cayman Islands signed an agreement with the United States. The agreement will enforce the Foreign Account Tax Compliance Act (FATCA).
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Taxes Image
CRISIS: Message posted on ATMs in Greece last month at height of country's dispute with European Union lenders. Banks were closed for more than three weeks but reopened Monday with limits on withdrawals. SucreRouge/Wikimedia Commons
Sen. Hatch, left, enjoys some Ogden chili. Hatch DC office
The headquarters for Canada Revenue Agency John Bristowe
By David Reber's Hammer Photography
A Canadian doing their taxes Canadian Pacific
Tai Ji Men dizi meeting with human rights organizations in Geneva. Members of human rights group protesting in front of UN building.
Table comparing Canadian income tax rates on investments
Representatives of Tai Ji Men dizi visit the Taipei Cultural and Economic Delegation in Geneve of Switzerland to fight for stopping the state violence.
Tai Ji Men dizi interviewed by Geneva media to express concerns for human rights development in Taiwan.
The Tai Ji Men unjust tax case is presented at the 15th session of the UN Human Rights Council, seeking the human rights protection and call on government to abide Universal Declaration of Human Rights, terminate all unjust measures to enforce its illegitimate claims on the right to property and travel bans on Tai Ji Men Qigong Academy.
Tai Ji Men dizi holding posters to protest in front of the Taipei Cultural and Economic Delegation in Geneve Switzerland. From the left, “Tax authority bending the laws has crippled Taiwan government,””Taiwanese people in search of the freedom of belief and expression,”“Ancient menpai of qigong and martial arts fights for survival against human rights violations.”
US Uncut Arkansas protest at Bank of America on tax day. Little Rock, Ark. April 18, 2011. US Uncut Arkansas
Tai Ji Men dizi explaining the details of the tax case
GIANT: Credit Suisse headquarters at Paradeplatz in Zurich, Switzerland. Roland zh/Wikimedia Commons
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