tech and geek stuff
Amazon faces a tax fight in South Carolina that could change how online sellers do business
President Trump has repeatedly attacked Amazon and its CEO Jeff Bezos for dodging financial obligations, tweeting as recently as June that the company avoids "paying internet taxes." While the president's...
‘My Tax’ app will let you file Income Tax Returns from your smartphone
The Income Tax Department is preparing the launch of a new mobile application known as “My Tax” to streamline filing of tax returns. The current setup is somewhat strenuous to the average taxpayer, which...
Undocumented immigrants pay taxes too. Here's how they do it.
It's true that not all undocumented immigrants pay federal income taxes, because the government has no way to keep track of their under-the-table earnings. The IRS can withhold taxes from those hired...
Report: Apple stiffs New Zealanders completely on taxes
Enlarge / A customer in Apple's store in Auckland, New Zealand, in 2010. A report by a major New Zealand newspaper found Apple hasn't paid any taxes in New Zealand. Brendon O'Hagan / AFP / Getty Images...
Globally, fossil fuels subsidies are sticking around
EnlargeWisconsin.gov reader comments 15 Share this story With the Paris climate agreement, participating nations have made a commitment to curb greenhouse gas emissions caused by burning of coal, oil,...
What tech giants face in Europe in 2017
The criticisms include the companies’ perceived failure to pay local taxes and their collection of reams of personal information. Apple was ordered to pay about $13.7 billion in back taxes to the Irish...
Facebook accused of 'picking and choosing' tax rules after paying just $5 million in UK
The filing of the accounts comes as big businesses' tax procedures are in the spotlight once again. Last week, U.K. Prime Minister Theresa May sent a warning to businesses who dodged paying tax, telling...
Facebook pays £4.2m corporation tax after outcry
While it said incurred a £4.2m tax charge - the sum remained a fraction of the £210m in UK revenue reported by the social network.Facebook also reported a tax credit, within the business, of £15.5m. It...
Yesterday, outraged by Apple’s tax dodge. Today, by its tax bill
Tax avoidance has become a lightning rod as the presidential campaign has taken on a strong populist cast, and leading Republicans and Democrats in Congress have demanded that companies be forced to pay...
EU Orders Apple to Pay Ireland $14.5B in Back Taxes
Apple CEO Tim Cook vehemently disagrees and says his company will appeal the EU's ruling. Analysts say the battle opens key taxation issues. In a ruling that could have vast business and tax repercussions...
Europe hits Apple with $15 billion-plus tax bill
The European Union has ordered Apple to pay nearly $15 billion in back taxes to Ireland, plus billions more in interest, in a move that dramatically escalates the fight over whether America’s biggest...
Op-Ed: The EU is foolish to go after Apple for $14.5 billion in back taxes
Of course, freedom shouldn't be confused with anarchy. And that means when a society legitimately agrees on certain laws and rules, that society can and should punish offenders. But the problem with big...
Apple's fight with the EU over taxes is just like Brexit, VC says
The fight between the European Commission and Apple reminds Roger McNamee, co-founder of Elevation Partners, of the U.K. vote to leave the European Union. "I look at this and I go, 'This is a different...
Voters, particularly Republicans, say they pay too many taxes
SACRAMENTO — As procrastinators race to file their taxes by Monday’s deadline, a majority of California voters say the amount they pay is too high, according to a new Field Poll that reveals just how...
Business News Roundup, April 7
Top U.S. drugmaker Pfizer and Irish rival Allergan are charting independent futures after scrapping a record $160 billion deal torpedoed by new Treasury Department rules meant to block American companies...
It's tax time. Which software should you use? Our guide
NEW YORK (AP) — As though paying taxes isn't annoying enough, prices and plans for tax software keep changing. Software makers will try to hook you in with free options, then get you to upgrade along...
10 Tax Filing, Expense Tracking Tools to Keep the IRS Happy
The April 15 tax filing deadline is fast approaching. That means for the next three weeks U.S. taxpayers will be trying to overcome their procrastination and assemble the records they need to file their...
France seeks 1.6 billion euros in back taxes from Google: source
PARIS (Reuters) - France is seeking 1.6 billion euros ($1.76 billion) in back taxes from U.S. Internet giant Google , criticized for its use of aggressive tax optimization techniques, a source at the finance...
Head of Google in Europe grilled by UK tax authorities
LONDON (AP) — A British parliamentary committee has grilled the head of Google in Europe, sharply questioning whether the Internet giant had paid its fair share of taxes. Public Accounts Committee chairwoman...
France rules out negotiating with Google over back taxes
PARIS French Finance Minister Michel Sapin on Tuesday ruled out striking a deal with Google over back taxes as the British government recently did with the U.S. internet giant."French tax authorities...
Italy tax police believe Google evaded 227 million euros in taxes: sources
MILAN The Italian finance police believe Google (GOOGL.O) evaded 227 million euros ($247.5 million) in taxes in Italy between 2009 and 2013, investigative sources said on Thursday.The finance police report...
Google to pay 130 million pounds in back taxes in UK - FT
(Reuters) - Google, now part of Alphabet Inc , agreed to pay 130 million pounds ($185.39 million) in back taxes in the UK, and higher taxes in the future, in a deal that could lead to the company paying...
Google to pay $140 million in back taxes in Britain
MOUNTAIN VIEW, California (AP) — Google will pay about $140 million in British back taxes in a concession driven by a shift in how the Internet company will measure its success in the United Kingdom....
Workers in new 'on demand' economy face different tax issues
In this Jan. 4, 2013 file photo, Lyft passenger Christina Shatzen gets into a car driven by Nancy Tcheou, in San Francisco. Drivers for Uber and other companies most often are considered independent contractors...
Taxes rise for rich, but favorable system endures
According to data released Wednesday by the Internal Revenue Service, the average rate for federal income taxes paid by the country’s top 400 income earners rose from 16.7 percent in 2012 to 22.9 percent...
Apple to pay $350M to settle Italy tax fraud case
ROME – Apple has agreed to pay Italy 318 million euros (about $350 million) in taxes for several past years, prosecutors said Wednesday, part of a broader European effort to make multinationals pay what...
Apple agrees to pay back taxes to Italy—sources say $350 million worth
Apple's shiny logo outside its San Francisco store.Steve RhodesIn an interview on 60 Minutes earlier this month, Apple CEO Tim Cook said the idea that his company dodges taxes is "political crap," with...
Apple agrees to pay Italy $483M in back taxes
Apple has agreed to pay Italy 318 million euros (about $483 million Canadian) in taxes for several past years and its future liabilities will be determined by an international ruling, prosecutors in Milan...
Apple agrees to pay $350 in Italian tax case
ROME (AP) — Italian authorities say Apple Italia has agreed to pay 318 million euros ($350 million) in taxes for several past years and is working out a deal to cover future tax liabilities for business...
Apple Boss Hits Back At Tax Dodging Claims
Apple CEO Tim Cook has suggested that claims the tech giant is avoiding paying taxes on overseas profits are politically motivated. His comments come amid a debate in the United States over big corporations...
Cook bashes talk Apple is dodging taxes
Apple chief Tim Cook emphatically rejected accusations that the world's richest company is sidestepping US taxes by keeping bundles of cash overseas, suggesting that the claim was politically motivate...
Tim Cook calls notion of Apple avoiding U.S. taxes 'political crap'
Apple Inc Chief Executive Tim Cook dismissed as "total political crap" the notion that the tech giant was avoiding taxes.Cook's remarks, made on CBS's 60 Minutes show, come amid a debate in the United...
Congress is about to ban taxes on your Internet service, once and for all
(Photo by Bill O'Leary/The Washington Post) Should state and local governments be able to collect taxes on your Internet service? For years, Congress has repeatedly banned the practice, but only for short...
Airbnb to employees: 'We failed you' with controversial ads
Airbnb, co-founded by CEO Brian Chesky, launched an ad campaign earlier this week that angered some San Franciscans. Kim Kulish/Corbis San Franciscans chastised Airbnb this week for a controversial marketing...
Airbnb Sorry For 'Tone-Deaf' Ad Campaign
An advertising campaign by holiday letting site Airbnb has been pulled after people branded it weird, passive aggressive and tone-deaf. It ran bus stop adverts in San Francisco boasting of the hotel taxes...
Bitcoin currency exchange not liable for VAT taxes: top EU court
BRUSSELS (Reuters) - Exchanging traditional currency for the digital currency bitcoin online should be exempt from consumption taxes just like other transactions of banknotes and coins, the European Court...
Now Is the Time to Put a Price on Carbon
WASHINGTON -- In just six weeks, world leaders will meet in Paris to negotiate a new global climate change agreement. To date, some 150 countries have submitted plans detailing how they will move their...
#VATMESS Is About To Get Much Messier
Indie developers were rightly up in arms at the recent changes to the place of supply rules for B2C sales — deftly coined #VATMESS by Twitter wags. The rules were well-intentioned — it...
Finance officials to clamp down on mulinational tax evasion
LIMA, Peru — Finance officials from the world’s 20 biggest economies have committed to toughening laws and boosting cross-border cooperation to prevent multinational companies from avoiding as much as...
Big U.S. firms hold $2.1 trillion overseas to avoid taxes -study
WASHINGTON (Reuters) - The 500 largest American companies hold more than $2.1 trillion in accumulated profits offshore to avoid U.S. taxes and would collectively owe an estimated $620 billion in U.S. taxes...
Big Business Holding $2.1 Trillion In Profits Offshore To Avoid Paying Taxes, Study Finds
The 500 largest American companies hold more than $2.1 trillion in accumulated profits offshore to avoid U.S. taxes and would collectively owe an estimated $620 billion in U.S. taxes if they repatriated...
9 Answers to Freelancers Frequently Asked Tax Questions
Ah taxes. They led to the arrest of Al Capone. They had a little something to do with the Revolutionary War. They keep the Swiss banks in business. They’re also a thorn in the side of every freelancer....
I regard the brain as a computer which will stop working when its component fail. There is no heaven or afterlife for broken-down computers. That is a fairy story for people afraid of the dark