Neowin News Feed for: Tax

Apple avoids $9.2 billion in tax with debt buyout

Max Slater-Robins — Fri, 03 May 2013 18:50:27 +0100

Apple have avoided paying almost $10 billion in tax due to a stock buyback deal which was paid for with 'debt' rather than cash in hand, according to a new report published today. Read more...

Microsoft owes Denmark $1 billion in tax

Max Slater-Robins — Mon, 04 Mar 2013 10:44:57 +0000

Microsoft owes the Danish government $1 billion in tax from their $1.3 billion purchase of Navision, later rebranded Microsoft Dynamics NAV. Navision nets Microsoft $1.8 billion in revenue annually. Read more...

Facebook will pay no tax on $1.1 billion profit; gets refund instead

Max Slater-Robins — Mon, 18 Feb 2013 12:28:05 +0000

It has been revealed that Facebook will get a refund of $500 million on tax payments, despite making $1.1 billion profit in 2012, according to a report by the Citizens for Tax Justice. Read more...

Nokia accused of $545m tax evasion in India; offices raided in investigation

Andy Weir — Tue, 08 Jan 2013 12:10:12 +0000

As Nokia readies its Windows Phone 8 launch in India, tax officials have raided one of its factories and offices, amid allegations that the company has evaded tax payments there, amounting to $545m. Read more...

Microsoft avoids paying £159 million UK tax every year

Stephen Robinson — Mon, 10 Dec 2012 00:40:00 +0000

Microsoft is the latest company that is reportedly avoiding to pay UK taxes using a legal loophole through Luxembourg. Microsoft is said to be avoiding £159 million worth of tax every year. Read more...

FCC interested in taxing broadband Internet

Nathan Tsui — Tue, 28 Aug 2012 10:12:24 +0100

The FCC is considering a tax on broadband Internet services that would fund expansion of high-speed Internet access in the country for the 19 million Americans without access. Read more...

IE7 tax is a marketing stunt, nothing to see here

Brad Sams — Thu, 14 Jun 2012 20:23:42 +0100

Earlier this morning a website out of Australia made a bold claim that it was going to charge a tax to IE7 users for the increased cost in developing for supporting that platform, well, they lied. Read more...

Online retailer Kogan slaps 6.8% tax on IE7 users

Tim Schiesser — Thu, 14 Jun 2012 12:35:58 +0100

Australian online retailer Kogan has had enough with people using old and unsupported browsers, so they have slapped a 6.8% tax on anyone using Internet Explorer 7 unless they upgrade Read more...

Internet sales tax may be headed to America

Zoe Austin — Wed, 13 Apr 2011 09:11:39 +0100

The days of tax free internet shopping may be coming to an end. According to CNET, democratic Senator, Dick Durbin is aiming to introduce a legislation called "the main street fairness act" that puts tax... Read more...

North Carolina to impose a digital download tax?

Jonathan Steele — Thu, 29 Jan 2009 08:44:40 +0000

As part of their plans to modernise the state's tax code, North Carolina legislators are considering introducing digital download tax charges. According to reports, such a measure could increase revenue by up to $12m,... Read more...