Corporate tax news — from filing obligations to policy changes affecting businesses of every size.
Yesterday, during a Press Conference after the U.S.-Africa Leaders Summit in Washington D.C., President Barack Obama announced who was to blame for the corporate tax inversion trend: accountants. He said: You have accountants going to some big corporations — multinational corporations but that are clearly U.S.-based and have the bulk of their operations in the…
Move over, Apple, Starbucks & Fiat: it appears you have some company. Last month, the European Commission announced that it would be formally investigating the tax structures and practices of three specific corporations in very targeted destinations: Apple (Ireland), Fiat Finance and Trade (Luxembourg), and Starbucks (Netherlands). At the time, I noted that it was…
The United States hasn’t been shy about demanding records into tax and financial practices of multinational banks and corporations in the name of tax fairness. In fact, the attempts to gain records, which have been characterized as heavy-handed (or, a little economic pressure among friends, depending on who’s doing the talking) have made news for…
Simple economics: as costs go up, so do prices. We know this. When weather damaged crops last year, you saw it at the grocery store. When gas costs edged up, so did delivery fees. And as the price of beef has crept up, so have the costs of many items on restaurant menus. Customers generally…
The largest private employer in the U.S. continues to exploit tax breaks to rewards its executives, according to the Institute for Policy Studies (IPS), a D.C. based think tank that has researched executive compensation, and Americans for Tax Fairness (ATF), a tax reform coalition. That finding was published in a report released today, Walmart’s Executive…
A short while ago, a driver blew through a stop sign and into my husband’s car. My husband was fine but his car was not: it was totaled. Since then, he’s been on a mission to buy a new car. This week, he saw this article at The Oatmeal. And now he wants a Tesla….
French revenue officers visited Google’s Paris headquarters and slapped the internet giant with a reportedly massive tax assessment.
Toyota has announced today that it would move its headquarters to Plano, Texas. Was the move driven by taxes?
Is it a bridge too far? A controversial proposal to fix our roads and bridges also includes the right to repatriate assets at zero tax, a move some are calling “tax amnesty.”
Gerard Depardieu. Apple. And now McDonald’s. It feels like anyone who’s anyone is on French President Hollande’s tax hit list. Here are the latest allegations of tax dodging and what the hamburger giant has to say about the matter.