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Tax
Posted inCorruption / Tax / ToMl
Offshore Shell Games 2016
U.S.-based multinational corporations are allowed to play by a different set of rules than small and domestic businesses or individuals when it comes to paying … Offshore Shell Games 2016Read more
Posted inTax / ToMl
73% of Fortune 500 Companies Used Tax Havens in 2015
In 2015, more than 73 percent of Fortune 500 companies maintained subsidiaries in offshore tax havens, according to “Offshore Shell Games,” released today by the … 73% of Fortune 500 Companies Used Tax Havens in 2015Read more
Posted inTax / ToMl
How corporations rig the rules to dodge the taxes they owe
Introduction and key findings In recent years, corporate profits have reached record highs, and so too has the amount of untaxed profits U.S. corporations have … How corporations rig the rules to dodge the taxes they oweRead more
Posted inNews / Social Control Media / Tax
Facebook paid $5.16 million in UK taxes last year, 1,000 times what it paid in 2014
Facebook paid £4.16 million ($5.16 million) in UK corporation tax last year, the company revealed on Sunday, a huge increase on the paltry £4,327 (around … Facebook paid $5.16 million in UK taxes last year, 1,000 times what it paid in 2014Read more
Posted inEconomics / Tax / ToMl
Accused of Tax Dodging, Apple Says It’s the World’s Largest Taxpayer
In a landmark ruling handed down on Tuesday, the European Commission ordered Apple to pay $14.5 billion in back taxes to Ireland. The commission found … Accused of Tax Dodging, Apple Says It’s the World’s Largest TaxpayerRead more
Posted inEconomics / Politics / Tax / ToMl
Standing up to Apple
For years, Washington lawmakers on both sides of the aisle have attacked big corporations for avoiding taxes by parking their profits overseas. Last week the … Standing up to AppleRead more
Posted inTax
UK BUDGET 2016: Oil tax breaks
Today’s news comes on top of £1.3bn in tax breaks in last year’s Budget. The UK is the only G7 country to significantly increase fossil … UK BUDGET 2016: Oil tax breaksRead more
Posted inCorruption / News / Tax / USA Empire
Multinationals Dodging $718bn in U.S. Taxes on Profits Booked Offshore
The largest American companies have stashed nearly $2.5 trillion in profits offshore allowing them to dodge $718 billion in U.S. taxes, according to a new … Multinationals Dodging $718bn in U.S. Taxes on Profits Booked OffshoreRead more