taxman

taxman

Facebook paid £2.9m tax on £840m profits made outside US, figures show

www.guardian.co.uk
Company channelled bulk of profits through Ireland and onto Cayman Islands, allowing to it pay just £238,000 to UK taxmanFacebook has become the latest multinational to come under the spotlight for its tax affairs after figures revealed it paid just £2.9m in tax on profits of more than more than...
Facebook paid £2.9m tax on £840m profits made outside US, figures show

Tax: how Amazon passed the Slough test and prospered

www.guardian.co.uk
HMRC believes Amazon has no fixed place of business in the UK. Perhaps it needs to look again at what goes on in BerkshireThe way companies are taxed has changed with the way corporations have developed in the last 100 years, expanding beyond national borders. The emergence of substantial international...
Tax: how Amazon passed the Slough test and prospered

Google Is Getting A Gigantic Tax Bill, According To Some French Humor Rag (GOOG)

www.businessinsider.com
Reuters is reporting that Google could get slapped with a $1.3 billion tax bill in France. No laughing matter--until you consider that the source is Le Canard Enchaîné, a satirical news weekly, and Google is denying the report. Google charges French advertisers through an Irish subsidiary, which is legal under...
Google Is Getting A Gigantic Tax Bill, According To Some French Humor Rag (GOOG)

BBC iPlayer top of the brands as tax scandal hits Starbucks and Amazon

www.guardian.co.uk
Annual rankings of businesses shows Google dropping out of top 10 amid anger over tax-saving measuresStarbucks, Amazon and Google are among the most damaged brands of 2012 after months countering accusations of tax avoidance, according to pollsters.All three have failed to recover as the year draws to a close, with...
BBC iPlayer top of the brands as tax scandal hits Starbucks and Amazon

Letters: Sunday Dialogue: A New School Schedule?

www.nytimes.com
Readers react to a proposal for a longer school year and day.    ...
Letters: Sunday Dialogue: A New School Schedule?

Levy free: How billions of pounds have been siphoned off to tax havens

www.guardian.co.uk
Royalties and interest on debts, set against profits, are allowing companies to bypass the UK taxmanMost of the cash that bypasses the UK tax authorities en route to a tax haven leaves the country via a royalty payment or as interest payments on a debt.It is legal for Google to...
Levy free: How billions of pounds have been siphoned off to tax havens

Pass notes No 3,175: Eduardo Saverin

www.guardian.co.uk
The Facebook co-founder's decision to give up his US citizenship and move to Singapore will prove lucrative when the company floatsAge: 30.Appearance: All chin and hair gel.You forgot the mad staring eyes. Is he a psychopath? He's a successful businessman!That's not exactly a no. It was meant to be. Saverin...
Pass notes No 3,175: Eduardo Saverin

Investigate eBay over tax payments, says Margaret Hodge

www.guardian.co.uk
Public accounts committee chair calls on HMRC to examine alleged avoidance of £300m in VAT by Luxembourg-based firmThe online auction site eBay should face an investigation into possible unpaid VAT owing to its complex tax arrangements, according to the chair of the parliamentary public accounts committee.Margaret Hodge called on HM...
Investigate eBay over tax payments, says Margaret Hodge

Firefox Maker Gets The IRS Off Its Back And Saves $15 Million (GOOG)

www.businessinsider.com
For four years, the IRS has been poking around Mozilla's lucrative deal with Google. Today, the makers of the Firefox Web browser shared some good news: Mozilla has settled with the taxman. The Mozilla Foundation will pay $1.5 million, Mitchell Baker, chair of the foundation, said in a blog post. Even...
Firefox Maker Gets The IRS Off Its Back And Saves $15 Million (GOOG)
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