European Union officials have ordered Apple to pay $14.5 billion in unpaid taxes to Ireland—the biggest single tax ruling in EU history. The European Commission … EU Orders Apple Pay $14.5 Billion in Back Taxes to IrelandRead more
Tax
Posted inEconomics / Tax / ToMl
Anti-tax, anti-regulation sirens already emerging after Brexit
Just before the Brexit vote we quoted Adam Posen, President of the Peterson Institute for International Economics, about what might happen in a post-Brexit Britain: … Anti-tax, anti-regulation sirens already emerging after BrexitRead more
Posted inEconomics / Tax / ToMl
Switzerland is handing back looted money
In the context of a fun Twitter fight and finger-pointing between the Swiss Bankers’ Association and the German Finance Ministry, there’s a newish story on … Switzerland is handing back looted moneyRead more
Posted inEconomics / News / Social Control Media / Tax
Facebook could face extra $5bn tax bill after US investigation
Facebook could be liable to pay between $3 to $5bn in extra US tax after an extensive investigation by the US Internal Revenue Service (IRS) … Facebook could face extra $5bn tax bill after US investigationRead more
Posted inEconomics / Multimedia / Tax / USA Empire
The broken U.S. tax system
From Oxfam America’s new report Broken at the Top: “How America’s dysfunctional tax system costs billions in corporate tax dodging” — source taxjustice.net
Posted inCorruption / Economics / Tax / ToMl
Hidden cost of corruption
Corruption and corrupt business practices have often been portrayed as a problem only endured by poor countries, of little consequence to the developed West. The … Hidden cost of corruptionRead more
Posted inEconomics / Tax / ToMl / USA Empire
Michigan Corporations to Pay $0 in Taxes This Year, Despite Crises in Flint and Detroit
While residents of beleaguered Flint face rate hikes for the city’s lead-poisoned water and Detroit sees teachers staging sickouts after lawmakers threatened to withhold their … Michigan Corporations to Pay $0 in Taxes This Year, Despite Crises in Flint and DetroitRead more
Posted inEconomics / Tax / ToMl
Developing countries making loans to the rich countries
On Monday, May 9 the International Consortium of Investigative Journalists is releasing the Panama Papers database, which they’re calling the largest ever release of searchable … Developing countries making loans to the rich countriesRead more
Posted inEconomics / Tax / ToMl / whistleblower
Luxembourg Puts Journalist and Whistleblowers On Trial
LUXEMBOURG IS TRYING to throw two French whistleblowers and a journalist in prison for their role in the “LuxLeaks” exposé that revealed the tiny country’s … Luxembourg Puts Journalist and Whistleblowers On TrialRead more
Posted inEconomics / News / Tax
Microsoft avoids £100m in UK tax
Microsoft, one of the world’s richest companies, has avoided up to £100m a year in UK corporation tax by booking billions of pounds of sales … Microsoft avoids £100m in UK taxRead more