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Google, which has been grilled twice in the past year by a UK parliamentary committee over its tax practices, had a UK tax bill of 35 million pounds ($55 million) in 2012, on sales of $5.5 billion to British customers, its accounts showed. The
The Law News Site - The Cook Islands is on the trust comeback trail looking for work from New Zealand, Australia and China as it produces newproducts and services focused on its reputation as a trust, rather than a tax haven...CEO, Jennifer Davis. "
Part of the answer lies in the fact that long ago, governments willingly hard-wired into the system certain principles that have now evolved in a way that has made life easy and proftable for corporate tax planners. One of the problems is described
September 2013 Paying billions in tax revenues, the City would surely be an asset to any country...A new book, The Finance Curse , argues that far from being a "golden goose", having an oversized financial sector is seriously damaging to an economy.
Messi, 26, and his father are to appear in court in Barcelona to face allegations that they evaded 4.2 million euros in taxes on the sale of image rights. Messi's lawyer, Cristobal Martell, tried to convince prosecutors this week to drop the case
It's been six years since Brad Wall became the premier, but it was three years ago around this time that he cemented himself as a populist politician. A proposed takeover of PotashCorp by the multinational company BHP Billiton left Wall on the horns
ET The Canada Revenue Agency (CRA) is chasing six Canadian families, well-known in the business world, for $1 billion allegedly hidden in Caribbean tax havens. The revelation emerged in court documents obtained by QMI Agency. For nearly six years,
S wiss authorities are also working with the European Union to clamp down on tax evasion and money laundering. Switzerland has over $2 trillion of overseas deposits and it is anecdotally understood that Indians have accumulated around $500 billion in
The government will introduce new tax rules on Wednesday, the finance ministry said, in a move aimed as reducing litigation with multinational companies over transfer pricing. Transfer pricing is a practice used by multinational companies around the
Tax avoidance is minimizing your taxes through legitimate means...When it comes to tax avoidance, we have been guided not by the invisible hand or the guilty hand but by Judge Learned Hand, who famously wrote: Any one may so arrange his affairs that