Taxes From A To Z (2014): F Is For Foreign Tax Credit
Taxes from A to Z (2014): F is for Foreign Tax Credit.
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Barca Pays Millions In ‘Voluntary’ Taxes, Denies Wrongdoing In Continuing Neymar Probe
FC Barcelona has paid $18.5 million to Spanish tax authorities amid allegations of improprieties related to the signing of Brazilian super star Neymar. Refusing to admit any wrongdoing, the club referred to the transfer as “voluntary.”
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FC Barcelona Hit With Another Superstar Tax Scandal As Neymar Transfer Investigated
What’s the biggest soccer news to come out of FC Barcelona in recent months? Tax debt. Now that Messi has resolved his tax issues, the team has to grapple with questions over the Neymar transfer.
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Do You Want Fries With That Audit? McDonald’s Faces Allegations Of Tax Evasion In France
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.
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UK Bows To Pressure, Likely To Reverse Course On Taxation Of Bitcoin: Will The US Be Next?
While the US has yet to offer a solid position on the taxation of Bitcoin, other countries are moving ahead with policy decisions. To date, Singapore and Germany have been cited as those with the most definitive answers on taxing Bitcoin. Are they about to be surpassed by the UK?
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Prada Following Italy’s Latest Fashion Trend: Tax Transfers, Allegations Of Evasion
Apparently, the tax devil does not wear Prada. Italian tax authorities are investigating fashion house Prada on allegations of tax evasion. Will this be Dolce & Gabbana all over again?
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Italy Tries Bite At Apple As Authorities Investigate Tax Structures
The Securities and Exchange Commission may approve of Apple’s overseas tax strategies but Italian taxing authorities aren’t so sure. This week, those Italian taxing authorities announced that they are investigating whether Apple has paid all of its taxes. According to the weekly magazine L’Espresso, taxing authorities are considering whether – wait for it – Apple…
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Bayern Munich Keeps Winning Even As Their Chief Faces Trial For Tax Evasion
Bayern Munich just keeps winning as it marches towards the UEFA round of 16… But Bayern Chief Uli Hoeness isn’t having the same kind of luck. This week, Hoeness found out that he will face a trial on charges of tax evasion with respect to millions of Euros he kept hidden from German taxing authorities.
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Vatican Suspends ‘Bishop Of Bling’ Over $40 Million Home Renovation
Pope Francis has suspended a German bishop – dubbed the “Bishop of Bling” – whose $42 million home renovation has outraged the Catholic Church. The lavish renovations, together with other spending allegations, has raised questions about church revenue, much of which is raised through the government. What will this mean for Germany? And is it ever a good idea to mix church and state?
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How Twitter Hopes To Reduce Its Tax Bill (In 140 Characters Or Less)
The internet is aflutter with the news that Twitter is jumping on the Irish corporate tax bandwagon a la Apple. Will taxpayers react in quite the same way?