Tag: Tax

Here you will find all the articles with the tag: Tax.

EU competition chief to investigate multinationals’ tax deals

EU competition chief to investigate multinationals’ tax deals

The European Union's competition chief, Margrethe Vestager, has announced that the bloc's regulators will likely launch investigations into tax deals between EU countries and multinationals. This follows a review of the arrangements made in the previous decade. Vestager, who has previously order... Read more

date1 year ago
LockBit claims ransomware attack on Italian tax authority

LockBit claims ransomware attack on Italian tax authority

Ransomware group LockBit claims to hold 78GB of private information on Italian companies. According to the cybercriminals, the data was stolen in a cyberattack on the Italian tax authority. The IT partner of the tax authority investigated the claim. On Monday 25 July, a spokesperson told Bloombe... Read more

date2 years ago
NXP seeks tax breaks for expansion in the United States

NXP seeks tax breaks for expansion in the United States

Dutch chip manufacturer NXP is negotiating tax breaks with Texan authorities in exchange for expanding its production capacity in Austin. According to Dutch media, the chip manufacturer wants to further expand its existing factories in Austin, the capital of Texas, US. NXP wants to invest roughl... Read more

date2 years ago
‘Tax rules for expats harm Dutch tech sector’

‘Tax rules for expats harm Dutch tech sector’

Reducing tax benefits for expats has a detrimental effect on the tech sector in the Netherlands. This is what employers' association VNO-NCW writes on behalf of large tech organizations in an urgent letter to the Dutch government. Roughly 30 Dutch tech companies, including ASML, Ayden, NXP, CM.c... Read more

date2 years ago
Ireland wants a maximum of 15 percent corporate tax rate

Ireland wants a maximum of 15 percent corporate tax rate

The Irish Finance Minister wants a clear indication from the U.S. Congress before agreeing. Ireland wants a proposed global minimum tax rate of 15 percent on corporate profits to be a ceiling, not a floor. Senior Irish officials told POLITICO that the Organization for Economic Cooperation and De... Read more

date3 years ago

John McAfee flees from the American government

John McAfee informs us that he is currently on the run from the American government. The billionaire tells in a video on Twitter that he has been charged with unspecified tax crimes. In a series of other messages on Twitter, he reports that he has not paid taxes for some time. McAfee says he hasn't ... Read more

date5 years ago
The British want to tax the turnover of tech companies

The British want to tax the turnover of tech companies

The British Government today announced its intention to levy a tax on digital services. The decision could be good for a tax of hundreds of millions of dollars a year. Tech companies will soon have to pay up to 2% tax on certain income they generate within the United Kingdom. That is what the BBC is... Read more

date5 years ago
Apple has repaid full 14 billion euros to Ireland

Apple has repaid full 14 billion euros to Ireland

In August 2016, the European Commission decided that Apple had received unjustified tax benefits from the Irish government. For that reason, the Irish government had to claim 14 billion euros in overdue taxes from the American technology giant. Both Apple and the Irish Government are appealing again... Read more

date6 years ago