Articles about tax

Bezos

Amazon dodges $1.5bn US tax bill: It's OK to run sales through Europe out of IRS reach – court

Champagne corks will be popping in Seattle after US taxmen lost their case against American web giant Amazon over the non-payment of taxes on overseas earnings. On Thursday, the US Tax Court ruled [PDF] in favor of Amazon, saying it was legal for the internet souk to channel its European sales through a low-tax Luxembourg …
Iain Thomson, 24 Mar 2017
Sheep, image via Shutterstock

New Zealand puts the bite on Apple over taxes

New Zealand has joined the international criticism of Apple's tax arrangements, with NZ$4.2 billion worth of sales over ten years yielding zero tax in the country. It did pay some tax in that period – a paltry $37 million – but that was remitted to the Australian Tax Office. The revelations made by the New Zealand Herald …
HMRC photo via Shutterstock

UK.gov gears up for IR35 private sector crackdown – say industry folk

The UK government is gearing up for a massive tax clampdown on private sector contractors, in an extension of its IR35 regime to hundreds of thousands of freelancers outside the public sector. This according to multiple contractor recruitment heads, with one claiming those plans have already started and will be introduced next …
Kat Hall, 16 Mar 2017
Philip Hammond photo by Inna Sokolovska via Shutterstock

National Insurance tax U-turn: Philip Hammond nixes NIC uptick

Chancellor Philip Hammond is to scrap a planned hike in UK National Insurance Contributions (NIC) in an embarrassing U-turn today. In a letter to Tory MPs, Hammond confirmed the £2bn, 2 per cent hike to Class 4 National Insurance for the self-employed will not go ahead - just one week after he announced the plans in his Spring …
Kat Hall, 15 Mar 2017
Grinning man in suit points at a calculator meaningfully. Pic via Shutterstock

HMRC emits IR35 tax calculator onto the web for UK contractors

UK's taxmen HMRC has unveiled its tax calculator for contractors to determine whether they should cough up more cash in its freelancer tax clampdown next month. A public beta of HMRC's Employment Status Service Tool was released yesterday to determine the IR35 status of public sector contractors. The changes have long been …
Kat Hall, 3 Mar 2017
Ireland map, photo via Shutterstock

Apple to Europe: It's our job to design Ireland's tax system, not yours

Apple has filed its defence against the European Commission's claim it owes €13bn in back taxes in Ireland. Apple on Monday filed a defence in which it dismissed the very idea of the US$13.75/£11bn bill, calling for the total or partial annulment of the European Commission decision that set the case in motion and suggesting …
Simon Sharwood, 21 Feb 2017

HPE blames solid state drive failure for outages at Australian Tax Office

HPE has blamed a problem with solid state drives for its dual and very disruptive outages at the Australian Taxation Office (ATO). A spokesperson for the company told The Register that “We believe the disruption started when a solid state drive used by major storage vendors failed. HPE and the drive vendor have determined that …
Simon Sharwood, 16 Feb 2017

It's that time of the year again: Texas school district blabs staff tax documents to phishers

A school district in Texas says it lost sensitive tax information from every worker after a single employee was duped by a phishing attack. Dallas-Fort Worth news station NBC5 reports that the Argyle school district is warning its workers that their W-2 tax forms were lost in a phishing attack. (Workers in America have just …
Shaun Nichols, 25 Jan 2017

Calls for UK.gov's tax digitisation plans to be put on the back burner

The UK government's tax digitisation plan could be delayed by at least a year after the Treasury Committee exposed "serious shortcomings" with the programme. In 2015 Her Majesty's Revenue & Customs (HMRC) was awarded £1.3bn of digital investment over four years, which it said would yield £1bn in extra tax revenue after 2020 by …
Kat Hall, 16 Jan 2017
A handful of euro 1 cent coins

Mr Angry pays taxman with five wheelbarrows worth of loose change

Reg Standards Bureau There are supposedly two certainties in life – death and taxes – and while we've never seen death by wheelbarrow, Nick Stafford from Cedar Buff, Virginia, has sorted us out on the latter. Stafford had got into a dispute with the Department of Motor Vehicles (DMV) and, seemingly displeased by how difficult it was to contact the …
IRS

Governments 'one step behind' tech firms in tracking tax – Meg Hillier

Companies like Google are harder to hold to account than average tax-avoiding businesses because local governments are technologically "always one step behind", chair of the Public Accounts Committee Meg Hillier said at the Global Tax Summit today. Hillier was speaking at the first global summit for Parliamentarians intended …
Kat Hall, 9 Dec 2016

Netflix and fill – our coffers: Canada mulls taxing vid streaming giant 5% of subs cash

The Canadian government will consider a new digital tax that would see Netflix required to set aside five per cent of its gross revenues. A consultation enthusiastically opened by heritage minister Melanie Joly and titled "Canadian content in a digital world" closed last week, but may not have produced the results she was …
Kieren McCarthy, 30 Nov 2016

Super Cali goes ballistic, considers taxing Netflix

More than 40 cities in California are considering a tax on streaming services – dubbed a Netflix tax – claiming that the tax system needs updating for the internet era. The news comes as AT&T announces a new streaming service, DirectTV Now, which the company hopes will see people discard their cable boxes altogether for over …
Kieren McCarthy, 28 Nov 2016

Ireland to fight against billing Apple for back-taxes

The Republic of Ireland has signalled its intention to push back against the European Union (EU) over accusations that it's offering a tax haven to Apple. In August, the EU decided Apple had received €13 billion in “illegal state aid” in the form of the tax breaks. When the investigation ended, competition commissioner …
Sydney Harbour Bridge in the cloud

Adobe Australia drops SaaS tax dodge

The world's ongoing efforts to get multinational technology companies paying and collecting the proper amount of tax has claimed another win, with Adobe advising it will add Australia's Goods and Services Tax (GST - think VAT, British readers and sales tax in North America) to the cost of its Creative Cloud. Australia charges …
Data scientist image via Shutterstock

EU announces common corporate tax plan

The European Commission has announced plans to overhaul corporate tax across the single market, including the introduction of a common consolidated corporate tax base (CCCTB). A CCCTB would make it easier and cheaper to do business in the EU, and act as a "powerful tool against tax avoidance", the Commission said. The …
OUT-LAW.COM, 28 Oct 2016

Judge allows Apple's faceless Irish head to settle for €45k - report

A payment from the head of Apple's besieged Irish company was accepted by an Italian judge to settle a case against him or her as part of a tax probe into the firm, according to a report. Apple Sales International is being investigated in the country as part of allegations that it failed to pay €879m in corporate taxes. This …
Tax haven

No matter who becomes US president, America's tech giants are going to be quids in

Last night's US presidential debate may have been fierce, but no matter who wins the election next month, technology firms are going to make out like bandits. For years now US firms, and particularly the technology sector, have been hoarding cash overseas to avoid paying the 35 per cent tax rate that would apply if they …
Iain Thomson, 21 Oct 2016

Create a news alert about tax, or find more stories about tax.

Biting the hand that feeds IT © 1998–2017