Apple avoids $9.2 billion in tax with debt buyout
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. More...
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. More...
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. More...
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. More...
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. More...
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. More...
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. More...
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. More...
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 More...
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... More...
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,... More...