Here you will find all the articles with the tag: taxes.
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
1 year ago
Because of its complicated corporate structure, Microsoft has allegedly dodged billions in taxes in the United Kingdom, Australia, and New Zealand, whose governments generate lucrative public sector contracts. The accusations were detailed in a research report recently published by the Centre f... Read more
2 years ago
The United States withdrew its threat of tariffs against five European countries over their digital services taxes, as part of a deal to manage the transition to a new global tax policy for large corporations. Austria, France, Britain, Spain, and Italy will get to enforce their digital taxes until ... Read more
3 years ago
The Republic of Ireland has finally agreed to sign the Organization for Economic Cooperation and Development‘s plans to create fair tax laws that prevent big tech from evading taxes by headquartering in low-tax countries. Irish and Dutch tax law has a number of loopholes that allow Apple, Amaz... Read more
3 years ago
The Administration's global tax proposal could make Ireland less attractive for US tech giants. Over the past few decades, Ireland has been able to attract huge investment from US tech firms by offering very favorable corporate tax rates. These sweetheart tax deals have allowed major US firms to... Read more
3 years ago
France has resumed its previously halted taxes on the revenue of tech giants. The country had previously stopped this tax following a deal with the United States. It is a 3 percent tax. The tax on tech giants was stopped after a deal with the United States. In the deal, the country promised that... Read more
3 years ago
Facebook is closing several Irish holding companies it uses to evade paying taxes in the United States, the UK, and hundreds of other countries where it has a profitable presence. The company has a main Irish subsidiary that paid only about $101 million in taxes while showing profits of more than $... Read more
3 years ago
France is not backing down on implementing a new digital tax, which has stirred controversy. France sent out notices to big tech companies and others covered by the tax. The companies were informed that they would have to pay taxes if they want to continue doing business in France. The tax is st... Read more
3 years ago
Three of the biggest tech companies are raising some of their service fees after digital taxes were implemented in some countries. Apple and Google put out statements separately on September 2. In the statements, they said that they are passing on the cost of these taxes to their customers. On W... Read more
4 years ago
Large tech companies moving to countries from which it is possible to operate more cheaply, because of favourable tax rates; it happens often. In an attempt to prevent such practices in the future, 137 countries have joined forces to tighten up tax rules for large companies including Amazon and Goo... Read more
4 years ago
