tax haven news
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Media grills ‘political hot potato'
Brussels :: Belgium | 20 days ago
Credibility
Banks in turmoil Banking secrecy Reactions to banking deal The Swiss press has spoken harshly of marching orders, suppression and worst fears in reaction to Wednesday's announced bank secrecy deal with the United States, criticising that crucial
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5 methods to make huge profits and pay no taxes in US
London :: United Kingdom | 20 days ago
Credibility
Some of the largest US multinationals resort to ingeniousthough legalpractices to pay virtually no tax on their non-US profits, much to the growing chagrin of governments and civil society. ET outlines the five methods they deploy to avoid taxes One
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Domestic resources key to Africa's progress, says report (News)
Brussels :: Belgium | 20 days ago
Credibility
Mobilising domestic resources through strong tax regimes and proper reallocation of funds are critical if some of the world's poorest countries are to meet the United Nations Millennium Development Goals, says a report released today (29 May). As the
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Africa: Africa "Net Creditor" to Rest of World, New Data Shows
Lagos :: Nigeria | 20 days ago
Credibility
Biron, 28 May 2013 Washington Over the past three decades, Africa has functioned as a "net creditor" to the rest of the world, the result of a cumulative outflow of nearly a trillion and a half dollars from the continent...Yet according to the new
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Taxes and Tax Haven
If you go to the definition of what is a nonresident tax, it is a return that comes to a state of which you are not a natural resident of.
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How Does Apple Avoid Taxes?
Dublin :: Ireland | 21 days ago
Credibility
Silicon Valley's well-known vanity and contempt for government are amply displayed in Apple's tax figures. Apple, a consumer products company that sells beautifully designed gadgets, pays very little tax anywhere in the world, including the United
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Apple: Don't Hate the Player, Hate the Game
San Juan :: Puerto Rico | 21 days ago
Credibility
CEO Tim Cook was summoned to Congress last week to face outraged legislators over his company's failure to pay corporate income taxes to any national government on more than $74 billion in overseas earnings. This is a perfect example of a situation
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EDITORIAL: Tax avoidance by U.S. firms legal, unfair
Dublin :: Ireland | 22 days ago
Credibility
Tax avoidance by U.S. firms legal, unfair Posted May 28, 2013 at 12:01 a.m. Apple is best known for the brilliance of its technological wizardry. But when Senate investigators finish examining its financial practices, the electronics giant may be
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At Apple hearing, it was all about what went unsaid
Rome :: Italy | 22 days ago
Credibility
Apple Chief Executive Officer Tim Cook provided a figure to Congress last Tuesday that U.S. companies rarely disclose: its federal tax bill. Apple paid $6 billion last year a rate of 30.5 percent. "That's more than $16 million each day," Cook said. "
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Google chairman Eric Schmidt ‘perplexed' about foreign income tax controversy
Dublin :: CA :: USA | 22 days ago
Credibility
Corporations like Google and Apple that keep foreign income overseas to avoid high U.S. taxes are much in the news lately. Apple has been called in to testify before Congress on the $100 billion it has banked in Ireland. Google, which employees
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