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Julius Baer pays $547m to settle tax evasion case in US

Julius Baer pays $547m to settle tax evasion case in US
Swiss private bank Julius Baer has closed a 2016 deferred prosecution agreement (DPA) with the US Department of Justice over helping Americans evade taxes. The settlement comes as the private bank is caught up in a South American money laundering ...

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 ...

Apple to pay 10 years of back taxes to France

Apple to pay 10 years of back taxes to France
US tech firm has not disclosed sum but French magazine says figure is close to €500mApple has agreed to pay 10 years of back taxes to France, marking the latest victory for European governments pushing tech multinationals to pay their fair share in local ...

Jose Mourinho avoids jail after pleading guilty to tax evasion

Jose Mourinho avoids jail after pleading guilty to tax evasion
The recently fired Manchester United manager accepted a one-year suspended sentence for tax fraud. Mourinho had pleaded guilty for undeclared income related to his image rights.Football coach Jose Mourinho pleaded guilty to tax fraud at a Madrid court on ...

Amazon pays just £62million UK corporation tax in 20 years - after £7billion revenue

Amazon pays just £62million UK corporation tax in 20 years - after £7billion revenue
Amazon has paid only £61.7m corporation tax here in 20 years, while Marks & Spencer forked out more than that last year alone. The US online retail giant enjoyed global sales of £177billion in 2018. The online giant has amassed £7billion in UK turnover in ...

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Who's behind the blog

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