Apple has been accused of being one of the largest tax avoiders in the US, by a powerful committee of US senators. The company's chief executive, Tim Cook, CFO Peter Oppenheimer, and head of tax operations, Philip Bullock, will appear ...
Tags: Computer Products, apple
HM Revenue & Customs (HMRC) has announced that it is working with tax administrations from the United States (the IRS) and Australia (the ATO) on analysing data to reveal "extensive use of complex offshore structures to conceal assets by ...
Tags: HM Revenue, Tax Evaders
Apple has avoided over $9bn (£5.8bn) in US taxes through a debt deal, investors have estimated. The firm recently sold $17bn (£11bn) in Apple bonds, the largest offering of this sort in corporate history, with the idea of the ...
Tags: Apple, Computer Products
Associated British Foods has "emphatically" denied allegations of tax evasion on profits made by its sugar processing operations in Zambia. In a report published by Action Aid at the weekend, the charity claims the Ryvita and Silver Spoon ...
Tags: ABF, Zambia, tax evasion on profits
Associated British Foods (ABF) is embroiled in a tax dodging row with the charity ActionAid over its sugar-producing subsidiary in Zambia. Kingsmill owner ABF denied tax dodging in Zambia According to a report published by the charity, ...
Tags: ABF, ax dodging, Zambia
Dell may be sold to private equity, reports Bloomberg, with the computer company said to be talking to two private equity companies - Texas Pacific Group and Silver Lake. The reports surfaced after Dell's corporate strategy boss left to ...
Tags: Dell, private equity, company news
The government could save up to £33bn a year by applying big data analytics to departmental information, claims a new report from think tank the Policy Exchange. The Policy Exchange estimated up to £22bn could be found by ...
Government officials are considering the viability of ordering suppliers bidding for Whitehall contracts to disclose the amount of tax they pay in the UK relative to their UK revenue, Computer Weekly has learned. The move follows recent ...
Tags: Uk Taxes, Computer Products, Taxes
Microsoft and Hewlett-Packard are using "loopholes and gimmicks" to avoid paying millions of dollars in U.S. taxes, the chairman of a U.S. Senate subcommittee said Thursday. Microsoft is shifting a disproportionate amount of its profits ...
Auction site eBay's tax arrangements since its Luxembourg office became base for European sales. This move is one politicians and tax authorities say should be examined. The office only has nine employees, but eBay Europe Sarl is ...
Tags: Britain, Germany, tax arrangements
Google was yesterday accused of being"cleverer than the tax man"by MPs as it was questioned by the Public Accounts Select Committee over its controversial tax bill. Labour MP Margaret Hodge led the questioning of Matt ...
Tags: UK, MPS, Google, Tax Avoidance, internet giant, corporation tax
Apple,the world's most valuable firm,has revealed that it Securities and Exchange Commission(SEC).To put this into context,the UK corporation tax rate is 24 per cent,while Germany's is 29.48 per cent and China's is 25 per cent. The form ...