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Are US Companies Avoiding Over $700 Billion in Taxes on Overseas Profits?

Are US Companies Avoiding Over $700 Billion in Taxes on Overseas Profits?
By Jon C. Ogg It is no secret at all that major U.S. companies keep billions of dollars locked up overseas. What is debated often is how much this money should be taxed, or if it should be taxed, here in the United States. Whether you call ...

India tax evasion amnesty uncovers hidden billions

India tax evasion amnesty uncovers hidden billions
A tax evasion amnesty in India has prompted tens of thousands of people to declare more than $9.5bn (£7.3bn) in undeclared income and assets. Finance minister Arun Jaitley said the four-month window that ended on Friday brought in 64,275 declarations....

China firms caught up in billion-shilling tax probe

China firms caught up in billion-shilling tax probe
By EDWIN OKOTH  Several Chinese multinationals are under investigation by the Kenya Revenue Authority (KRA) over allegations of tax evasion that could run into billions of shillings.  In the past few weeks, three Chinese multinationals have ...

Apple tax ruling must be overturned, says US business group

Apple tax ruling must be overturned, says US business group
By Rob Davies US businesses have warned European leaders they risk a “grievous self-inflicted wound” unless they overturn Brussels’ demand that Apple pay the Irish government €13bn (£11.4bn). In an open letter to the leaders of the 28 European ...

Ikea on EU Radar as Vestager Looks Beyond Apple’s Tax Billions

Ikea on EU Radar as Vestager Looks Beyond Apple’s Tax Billions
September 14, 2016 — 10:45 AM EESTUpdated on September 14, 2016 — 12:08 PM EEST By Gaspard Sebag, Francine Lacqua   - EU examining allegations by Green lawmakers targeting Ikea - Any probe could relieve criticism that ...

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Who's behind the blog

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