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Category: corporate

Did Volkswagen's Deception Cost US Taxpayers Millions?

Kelly Phillips ErbSeptember 23, 2015

The fallout from the diesel emissions cheating scandal at Volkswagen continued today with Martin Winterkorn tendering his resignation as Chief Executive Officer (CEO) even as

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Coca-Cola Says IRS Wants $3.3 Billion More In Federal Taxes

Coca-Cola Says IRS Wants $3.3 Billion More In Federal Taxes

Kelly Phillips ErbSeptember 18, 2015November 19, 2020

The Coca-Cola Company announced today that it may owe $3.3 billion in additional federal income taxes. In a form 8-K filed with the U.S. Securities

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German Bank Will Pay $1.45 Billion To Settle Sanctions, Money Laundering Charges

Kelly Phillips ErbMarch 13, 2015

The international dollars keep rolling in. Yet another bank has agreed to pay a fine in response to ongoing investigations into foreign accounts. Commerzbank AG,

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Walmart Says 'Skip The Check' & Pick Up Tax Refunds In Cash

Kelly Phillips ErbJanuary 20, 2015

It’s official: the 2015 tax season officially opened today. To coincide with the open, Walmart has announced the launch of Direct2Cash, a service that allows

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Whistleblower Alleges Vanguard Cheated On Taxes, Costing Taxpayers More Than $1 Billion

Kelly Phillips ErbDecember 7, 2014December 17, 2019

On May 1, 1975, Princeton graduate John C. Bogle launched an investment company on a bold new idea: it would be owned by its member

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Ways To Show Thanks To Our Military On Veterans Day

Kelly Phillips ErbNovember 14, 2014November 17, 2019

Looking for a way to show your support for our military on Veterans Day? Here are 14 ways to show your thanks to our vets – and some of them come with a nice tax benefit to boot.

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Internet Tax Ban Ending Soon: Speaker Boehner Hopes To Keep Internet Tax Free

Kelly Phillips ErbNovember 12, 2014

With Black Friday on its way, will the internet stay tax free? Speaker Boehner has signaled that he will not support the Main Street Fairness Act. However, with the moratorium on taxing internet access under the Internet Tax Freedom Act about to expire, is there room for compromise?

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Apple Adds Egg Freezing As Employee Benefit

Kelly Phillips ErbOctober 17, 2014May 24, 2021

Apple and Facebook have fired the latest round in the “perk wars” – efforts to woo and keep talent in the tech sector. Not content with fancy meals, tech companies are offering female employees the opportunity to freeze their eggs. As perks keep expanding, what are the tax consequences to those employees?

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Ireland Says It Will End “Double Irish” Tax Scheme

Kelly Phillips ErbOctober 15, 2014May 24, 2021

Irish Finance Minister Michael Noonan has all but labeled the “Double Irish” deal dead during the presentation of his 2015 budget even as companies like Google claim that it won’t make a difference.

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Guest Post: The Inverted Talk About Tax Inversions — They've Got it All Upside-Down

Kelly Phillips ErbOctober 9, 2014May 24, 2021

It’s time for guest posts! Today, Matthew Litz of BerryDunn, talks about corporate tax reform and inversions.

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