Europe's tax laws haven't kept up with the digital economy. As in most other places, its bricks and mortar businesses are taxed on how much and, crucially, where they get paid. On the other hand a movie streaming service in one country will pay tax there but not to the … [Read more...] about [Opinion] Europe needs corporate tax reform
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Firm where Theresa May’s husband works paid no UK corporation tax in eight years – despite turning over nearly £500 million
The firm where Philip May works has paid no UK corporation tax in eight years, despite turning over nearly half a billion pounds. The PM ’s husband is a client relationship manager at investment firm Capital International Ltd, which has turned over £467million since … [Read more...] about Firm where Theresa May’s husband works paid no UK corporation tax in eight years – despite turning over nearly £500 million
Europe’s top banks use Ireland to pay just 2% corporate tax, new report claims
EUROPE’s top banks are exploiting a legal loophole in Ireland to pay corporation tax as low as 2 PER CENT, it emerged today.Some 16 of the continent’s biggest banks are paying no more than six per cent, while three institutions – Barclays, RBS and Crédit … [Read more...] about Europe’s top banks use Ireland to pay just 2% corporate tax, new report claims
The corporate tax tricks of ‘Big Business’
The Senate governmental affairs subcommittee in Washington unveiled a 40-page report on Wednesday (22.05.2013) analyzing the web of Apple's corporate tax tricks. The information technology giant, by its own figures, earned profits totaling 57 billion euros ($73 billion) abroad … [Read more...] about The corporate tax tricks of ‘Big Business’
Coalition Agrees on Controversial Corporate Tax Reform Plan
German Chancellor Angela Merkel breathed a little easier Thursday as members of her government hammered out an agreement on a 5 billion euro ($6.4 billion) corporate tax reform plan, bringing an end to a long running battle over the controversial changes which have exposed … [Read more...] about Coalition Agrees on Controversial Corporate Tax Reform Plan