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Wednesday, December 2, 2020
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Facebook to pay 106 million euros in back taxes to France

Facebook’s French subsidiary has agreed to pay 106 million euros (£94 million) in back taxes and penalties following persistent government efforts to get online...

Trump hits out at ‘witch hunt’ as judge clears way for access to tax returns

US President Donald Trump has condemned the long-running quest for access to his financial records as a “continuation of the most disgusting witch hunt...

Supermodel Bar Refaeli signs plea bargain for tax evasion

Israeli model Bar Refaeli has signed a plea bargain agreement to settle a long-standing tax evasion case against her and her family. The deal will...

Latest US and Chinese tariff hikes take effect in trade war

The United States and China have gone ahead with their latest tariff increases on each other’s goods, potentially raising prices Americans pay for some...

Trump vows to retaliate against French digital tax

US President Donald Trump has promised to retaliate against France for adopting a pioneering tax on internet giants such as Google, Amazon and Facebook. He...

New EU legislation aims to stop companies taking advantage of tax loopholes

The EU has introduced new rules to stop large multi-national companies avoiding tax. From Tuesday, every member state will apply new measures aimed at cracking...

Despite bellyaching, no surprise Apple pays the bulk of tax to the US

The taxation of multinational companies continues to generate headlines. For various reasons the focus is on US technology companies and, within that group, the primary...

Donald Trump plans to cut corporate tax rate to 15% ‘this year’

White House administration officials said that action on other key tax code elements would ensure the plan would largely help the middle class instead...

Apple shares drop after EU ruling

Apple shares were down after the tech giant was slapped with a €13bn tax bill by European Union regulators today. The company's Nasdaq-listed shares were...

Hillary Clinton attacks Donald Trump’s tax cut plans

Hillary Clinton has shrugged off Donald Trump's latest campaign shake-up, saying he is the "same man" who would cut taxes for rich people while...

Latest news

UN allowed humanitarian access to conflict-hit region of Ethiopia

The United Nations has signed a deal with Ethiopia’s government to allow “unimpeded” humanitarian access to the embattled Tigray region – at least the...

Joe Biden’s victory certified in two key states as Donald Trump fights on

Two battleground states, Wisconsin and Arizona, certified their presidential election results in favour of Joe Biden, even as President Donald Trump’s legal team continued...

China probe lands on moon in bid to return lunar rocks to Earth

A Chinese robot probe sent to return lunar rocks to Earth for the first time since the 1970s landed on the moon, the government...

Belarus opposition to make list of police officers accused of abuse

Belarus’ opposition will compile a register of police officers accused of abuses against peaceful demonstrators protesting the reelection of the country’s authoritarian leader, an...

Two killed as car ploughs into pedestrian zone in German city

Two people were killed and several injured in the southwestern German city of Trier when a car drove into a pedestrian zone, police said. Trier...
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