Articles about tax

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
man in suit clutches briefcase full of cash. Photo by Shutterstock

Tax-swerving IT director disqualified for 8 years

Anthony Hodges, a Basingstoke-based IT consultant, has been barred from acting as a company director for eight years due to mischief undertaken as his company went into liquidation. Investigating the demise of management consultancy Hodges & Coley, of which Hodges was the sole director, the Insolvency Service said it had …

Facebook pays, er, nope, gets £11m credit from UK taxman HMRC...

Facebook has bragged about its "efficient tax structure" in the UK after it was revealed the megacorporation actually earned £11m in tax credits to be offset against future claims from Her Majesty's Revenue and Customs. An update to Facebook's accounts on Companies House [PDF] this weekend revealed that Facebook paid just over …
Picture by magicinfoto / Shutterstock

Non-doms pay 10 times more in income tax than average taxpayer group

Comment UK-based non-domiciled taxpayers contributed £6.57 billion in income tax in 2014/15, an average of £56,589 per non-dom over the year compared to the average of £5,152 collected from the remainder of the population. This substantial tax revenue, as well as other benefits brought by wealthy non-doms based in the UK such as …
OUT-LAW.COM, 14 Sep 2016

When Irish eyes are filing: Ireland to appeal Europe's $15bn Apple tax claw-back

The Irish government formally decided to appeal the European Commission's $14.5 billion back-tax demand on Friday. "There are some very important principles at stake in this case," said the country's finance minister Michael Noonan. "A robust legal challenge before the courts is essential to defend Ireland's interests." "The …

Cooky crumbles: Apple mulls yanking profits out of Europe and into US

Apple CEO Tim Cook may pull billions of dollars in profit out of Europe and bring them home to the US, less than a month after he vowed he wouldn't. In the aftermath of the massive €13 billion ($14.5 billion) back tax claim that the European Commission landed on the electronics giant and the Irish tax authorities, Cook has …

Making us pay tax will DESTROY EUROPE, roars Apple's Tim Cook

Forcing Apple to pay the same tax rate as other companies will lead to the destruction of Europe, according to its not-entirely objective CEO Tim Cook. "This would strike a devastating blow to the sovereignty of EU member states over their own tax matters, and to the principle of certainty of law in Europe," Cook said in a …
Kieren McCarthy, 30 Aug 2016

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