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TAX NEWS

UK's richest man moves to Monaco to 'save £4bn in tax'

UK's richest man moves to Monaco to 'save £4bn in tax'
Brexiter Sir Jim Ratcliffe’s company Ineos is reportedly working with PricewaterhouseCoopers to reduce bill.Britain’s richest man, the Brexit supporter Sir Jim Ratcliffe, and two of his key lieutenants at chemicals firm Ineos have reportedly been ...

New Compliances for Companies Registered in Tax-Friendly Regions

New Compliances for Companies Registered in Tax-Friendly Regions
The British Virgin Islands (BVI) recently passed legislation strengthening transfer pricing rules, amid international criticism for its status as a tax haven. The new law – the Economic Substance (Companies and Limited Partnerships) Act 2018 (the ...

Revealed: wife of Putin's spokesman faces questions over US tax affairs

Revealed: wife of Putin's spokesman faces questions over US tax affairs
Former Olympic champion Tatiana Navka may have underreported income, claimed wrong status and owed unpaid property tax.Questions have been raised about the US tax affairs of the wife of Vladimir Putin’s spokesman, after records suggested she may have failed to...

Google pays EU more in fines than in tax

Google pays EU more in fines than in tax
Must be cheaper not to pay Search engine Google is paying the EU more in fines than it does in tax. According to the outfit’s figures, Google owner Alphabet has reported annual and quarterly revenues up again, on the back of increasing market share in online...

Netflix paid NOTHING in federal or state taxes in 2018 despite posting record profits of ...

Netflix paid NOTHING in federal or state taxes in 2018 despite posting record profits of $845million - and even got a $22million rebate
Netflix didn't pay a cent in state or federal income taxes last year, despite posting its largest-ever U.S. profit in 2018 of $845million, according to a new report.In addition, the streaming giant reported a $22 million federal tax rebate, according to ...

Who's behind the blog

Who's behind the blog

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