European Union is reportedly drawing up plans to impose custom duties on a number of Chinese online retailers
TECHNOLOGY POWERING BUSINESS
News taxes
Apple Setback In EU $14 Billion Tax Row
Legal setback for Apple as it seeks to avoid to paying over $14 billion in back taxes, after EU clampdown on unfair state aid
Microsoft Owes $29 Billion In Back Taxes, IRS Claims
US government alleges Microsoft owes $29 billion in back taxes, but Redmond disagrees and say it will go to court over the matter
Elon Musk To Pay $11 Billion In Taxes
Musk hits back at Senator Elizabeth Warren who said he should pay taxes and stop “freeloading” by confirming he is facing $11 billion tax bill
Google To Pay Millions To Ireland In Back Taxes
Google is to pay £183m in back taxes to the Irish government, in line with its promise to halt the use of the European tax loophole
EU Halts Digital Tax Plan, Amid Ongoing OECD Effort
After G20 finance ministers agree to international corporate tax system of 15 percent, the EU puts its own digital tax plan on hold
Canada Plans Digital Services Tax In 2022
Despite OECD talks on common approach, Canada becomes latest country to announce its own digital services tax on big tech
Facebook To Pay France £96 Million In Back Taxes
France continues pursuit of back taxes from big name tech firms, after Facebook agrees to hand over £96 million to French tax officials
Apple Irish Back Tax Ruling Expected Next Week
Ruling in appeal against European Commission's order that Apple pay the Irish government $16 billion in back taxes due next week
US Pulls Out Of Global Digital Tax Talks
European Union warns it will impose its own digital tax on technology giants, after the United States withdraws from global tax reform negotiations
OECD Tells UK To ‘Hold Fire’ On Digital Tax
British plans to introduce a digital or tech tax in April should be delayed until a global consensus is reached, OECD official warns
Boris Johnson Backs Digital Tax, Despite US Opposition
Prime Minister defies US President Trump and insists British digital tax on US tech giants will proceed
US Readies Response To French Tech Tax
US trade officials will on Monday reveal their proposed response to France's imposing a tax on mostly US tech firms earlier this year
President Trump Orders French Digital Tax Investigation
French plan to impose 3 percent tax on French revenue of large tech firms prompts US investigation
Global Tech Tax Rules To Be Agreed By 2020
Sorry Ireland. G20 finance ministers agree to close tax loopholes for tech firms by 2020
Amazon Ditches Plans For New York HQ2
Online giant cancels its plans to build campus in Queens, after tax break opposition and questions about unions
EU To Agree Digital Tax By March, Says French Minister
European-wide tax on tech firms to be agreed by March, predicts French finance minister
IBM Report Details 2017 Tax Scams As IRS Filing Deadline Nears
As the Tax Day 2017 filing deadline of Tuesday April 18 nears, IBM is warning of an increase in tax-related spam and scams
Apple Faces Potential £5.6bn European Tax Bill
Apple could be facing a bill of more than $8bn (£5.6bn) over its tax practices, as European Commission decision looms
Apple To Pay £235m To Settle Italian Tax Row – Report
Settles corporate tax row with Italian authorities, and pledges agreement on tax liabilities going forward
Amazon Starts European Corporate Tax Payments
Amazon begins paying corporate tax in a number of European countries, but will Google and Apple follow suit?
Tax Practices Of Tech Giants Attacked By OECD Official
The man in charge of reforming global tax laws warns tech giants to stop “extremely aggressive” tax planning
TfL Seeks HMRC Probe Of Uber Tax Arrangement
The bitter rivalry between established transport players and the young pretender Uber continues
Apple Faces European Commission Tax Probe
The European Commission begins a formal investigation into the tax arrangements of Apple and others
Samsung Heirs Face Colossal Inheritance Tax Bill
The ailing health of Samsung's Group patriarch triggers worry about a very hefty inheritance tax bill
Nokia’s Tax Troubles In India Could Hinder Microsoft’s Takeover
According to some reports, the tax man is demanding more than £2 billion
Google Staff Bus Halted By Angry Protests
Residents in San Francisco stopped a bus carrying Google staff to protest at its contribution to local coffers
G20 Countries Plan To Change Tax Rules In The Next Two Years
A draft plan from OECD will attempt to solve the issue of tax havens
G8 Pledges Action Over Tax Avoidance
G8 leaders vow to crack down on international tax evasion following the Google, Apple, and Amazon accusations
MPs Urge HMRC To Act On Google ‘Tax Avoidance’
Google faces more fierce criticism over its tax affairs from MPs, and government is urged to take proper action