Alabama tests filing taxes via selfie
As tax day looms, Alabama citizens will get to live the dream and file using an app on their mobile device. The state's department of revenue is partnering with MorphoTrust to let taxpayers use the...
View ArticleFrance and Germany want Apple and Google to pay their taxes
France and Germany are looking to make major tech companies like Google, Apple, Facebook and Amazon begin paying their fair share of taxes. The move comes as many European leaders have expressed...
View ArticleEU countries aim to raise tech firms' taxes by targeting revenue
It's no secret that European countries want major tech firms to pay more taxes, but how will they go about that beyond collecting back taxes? By taxing the companies where they'll feel it the most,...
View ArticleGreece wants to force Uber into hiring full-time taxi drivers
Greece, a country with a lot of debt and an angry taxi lobby, is the latest to ponder anti-ride-sharing legislation. The country reportedly plans to force ride-sharing firms like Uber and Taxibeat to...
View ArticleEurope takes Ireland to court over Apple's $14.5 billion tax bill
The European Commission has announced that it will refer Ireland to the European Court of Justice for not collecting back taxes that it is owed by Apple. More than a year after a sweetheart deal...
View ArticleThe US government may take away the $7,500 tax credit for EVs
If you were hoping to take advantage of the federal government's $7,500 tax credit for buying an electric vehicle, you may soon be out of luck. According to a report at Bloomberg, the provisions in...
View ArticleApple defends moving offshore profits to the tax haven of Jersey
A set of leaked documents from offshore law firm Appleby has revealed that Apple stashed $250 billion in Jersey, a tiny island off the coast of France known for being a tax haven. The tech titan...
View ArticleApple to start paying Ireland the billions it owes in back taxes
Last year, the European Commission ruled that Apple's sweetheart tax deal with Ireland was illegal and that the company owed around $14.5 billion in back taxes. But Ireland was rather slow to start...
View ArticleUK may tax internet giants to get more help fighting online extremism
The UK still isn't convinced that internet giants are doing enough to curb online extremism, and it's now considering hitting those companies where it really hurts: their bank accounts. In an...
View ArticleGoogle used a popular tax trick to shelter $19.2 billion
Just how much money do tech companies shelter from taxes? Quite a lot, according to the Dutch. Newly published Netherlands regulatory filings show that Google shielded €15.9 billion (about $19.2...
View ArticleHMRC stings Apple with £136 million bill for back taxes
Tech giants are often criticised for using complex tax loopholes to bank more of their profits than arguably they should, but occasionally the authorities do manage to find fault in their accounts....
View ArticleApple plans to add 20,000 jobs, new campus in the US
Apple is determined to show that it's investing in the US economy despite its tax moves and foreign manufacturing. The company has announced a slew of investments it claims will pump a total of $350...
View ArticleIndia wants to collect taxes from its cryptocurrency investors
India's income tax department has sent notices to tens of thousands of people dealing in cryptocurrency, after learning that $3.5 billion worth of transactions have been conducted over a 17-month...
View ArticleEU details its taxes on tech companies' revenue
The European Union has vowed to counter tech companies' tax maneuvers by targeting their revenue, and it's now clearer just what that will involve. In an interview with Le Journal du Dimanche, French...
View ArticleThe best tax software
By Mark Smirniotis and Kevin Purdy This post was done in partnership with Wirecutter. When readers choose to buy Wirecutter's independently chosen editorial picks, it may earn affiliate commissions...
View ArticleRecommended Reading: Facebook's influence on Instagram
Instagram looks like Facebook's best hope Sarah Frier, Bloomberg Businessweek With all the attention on Mark Zuckerberg's visit to DC this week, it can be easy to lose sight of an important detail:...
View ArticleIRS' direct online payment system goes down on tax day (update: resolved)
We hope you weren't relying too heavily on internet payments to file your taxes on time. The Internal Revenue Service's Direct Pay system failed (and is still unavailable as we write this) on April...
View ArticleAmazon puts Seattle expansion on pause over tax proposal
Amazon is extremely unhappy over a Seattle tax proposal that would set it back between $20 to $30 million a year that it halted its major expansion plans in its home city. According to The New York...
View Article