By Luke Baker BRUSSELS (Reuters) - European leaders will discuss how to combat aggressive tax avoidance by major companies such as Amaz...
Quartz: Leading up to Apple CEO Tim Cook’s testimony on his company’s dubious-if-legal tax strategies tomorrow, here’s the report (pdf) membe...
Apple (like many giant, multinational corporations) has been avoiding paying the taxes they owe to the country by setting up foreign "subsidiaries" in tax-haven countries, and moving jobs out of the country. Now they want a special tax break to reward them for doing that.
Google, Amazon, Starbucks, every other major corporation, and every big Wall Street bank, are sheltering as much of their U.S. profits abroad as they can, while telling Washington that lower corporate taxes are necessary in order to keep the U.S. "competitive."
By Tom Bergin LONDON (Reuters) - Amazon.com's main UK unit paid taxes of $3.7 million on its 2012 income, despite group UK sales of $6....
In recent weeks, citizens in many countries have been learning more about one of the biggest and most dangerous scams in the world: the global web of tax havens that U.S. and European politicians and bankers have nurtured over the years. The situation is absurd, dangerous and out of control.
NEW YORK (Reuters) - Large U.S. companies boosted their offshore earnings by 15 percent last year to a record $1.9 trillion, avoiding hefty tax bills ...
Everyone -- except Treasury, apparently -- agrees that our international tax system, which is based on transfer pricing, is broken.
I would say that lawmakers have not addressed the issue effectively because they are replacing one poor enforcement device with a poor enforcement standard that is difficult to enforce.
VILNIUS, Lithuania — As soon as Google Maps Street View was rolled out in Lithuania earlier this year, tax authorities were ready. Sitting in t...
Bribes for Venezuelan officials were funneled through tax havens, court filings claim. Francisco Illarramendi often called on Moris Beracha when he...
Famed Spanish art patron uses island haven in South Pacific to manage her collection. Tourists who come to Spain’s capital often make a pilgrimag...
Worried about the federal deficit? Then you're worried about foreign tax havens, the use of which is costing the U.S. $150 billion per year in the for...
There are two main ways multinationals shift profits out of the countries where they actually do business and into tax-haven holding companies.
Awareness of the unfair tax code that relieves a burden from those who have the most and shifting it to those who can barely scrape by has spread all over America, and Congress will soon have no choice but to acknowledge it.
Wall Street banks and large companies love America when they need corporate welfare. But when it comes to paying American taxes or American wages, they want nothing to do with this country. That has got to change.
How can we continue to allow gazillionaires to pay only a 15 percent tax rate on the profit share ("carried interest") they get paid to manage hedge and private equity funds?
What irritates me is the extent to which Noonan is still out of touch with reality when it comes to the Republican brand. As long as Republicans can't see that people making $400,000 a year are actually rich, they will have a hard time building a new constituency for their party.
Social media giant Facebook is the latest American corporation to use its offshore entities as a way to dodge the taxman, paying only a 0.3 percent ta...
Dec 19 (Reuters) - The U.S. Attorney's Office in Manhattan announced charges Wednesday against three Swiss bankers, who the governme...
While Washington freaks out about the budget deficit, a corporate money mountain matches the $1.6 trillion President Obama wants in tax hikes. Theoret...
PARIS -- France's Socialist government is introducing a 75-percent income tax on those earning over (EURO)1 million ($1.3 million), leading some of th...
(Reuters) - Fighting the cliche of the dot-com start-up that runs out of a basement, David Ward is living the dream. The 32-year-old web designer move...
No. But there are several interesting elements, particularly among the combined $1.6 trillion in new tax revenue. Obama has spent most of the past ...
WASHINGTON -- Just about every policy lawmakers are considering for a deal to avert the so-called fiscal cliff would involve either raising individual...
