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The paper car tax disc has had a very good innings, but it's finally come to the end of its life. Presented proudly by UK motorists for more than 90 years, those circular bits of paper have today officially been replaced by an electronic register. What does that mean for you? Well, you'll still ne...

October 1st 2014 at 4:16am 0 Comments
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Apple's alleged exploitation of a tax ruling in Ireland is getting some attention from the European Commission. In a preliminary finding that labels the treatment the company has been receiving "state aid," Apple and several other large companies, including Google and Microsoft, could see their tax...

September 30th 2014 at 12:00pm 0 Comments
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Several states in the U.S. offer sales tax holidays around the start of back-to-school season to help parents save money on required purchases. This Tuesday Apple announced that they would be honoring these sales tax holidays not only in the retail locations, but also online. There are obviously...

July 30th 2014 at 1:30pm 0 Comments
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Apple today has over $150 billion worth of cash in the bank. Only problem is, the vast majority of that cash (~$138 billion) is held in overseas accounts. For some time now, Apple has been reluctant to bring that cash back to the United States because it would be subject to a 35 percent corporate...

June 11th 2014 at 7:00pm 0 Comments
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Apple has said on more than one occasion that it pays its fair share of taxes, but it appears that the European Commission isn't so sure. Today, the regulator confirmed it's launched an investigation into whether the company is enjoying better tax deals than are warranted under EU law. It all cent...

June 11th 2014 at 6:31am 0 Comments
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The recently revealed Tax Reform Act of 2014 by House Republicans has caught the attention of some folks in these here parts for preventing makers of violent video games from qualifying for tax credits. The Washington Examiner correctly points out that in the bill's executive summary (a fancy ter...

February 27th 2014 at 5:30pm 0 Comments
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Almost a century after its introduction, the UK government is set to scrap the paper car disc and go all in with its electronic register. According to the BBC, its death was confirmed by the UK Treasury ahead of Chancellor George Osborne's Autumn Statement later today, meaning motorists will no lo...

December 5th 2013 at 5:24am 0 Comments
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Reuters is reporting that an Apple subsidiary in Italy is currently under investigation for tax fraud. According to a judicial source cited by Reuters, authorities in Italy are currently investigating whether or not the Apple subsidiary in question hid US$1.34 billion in revenue from tax authoriti...

November 13th 2013 at 1:30pm 0 Comments
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Four months after the US Senate's Permanent Subcommittee held hearings to look into Apple's off-shore tax practices, the Security and Exchange Commission has ruled that Apple did not violate any laws. As AllThingsD reports: In a September letter to Apple, released late last week, the SEC said it h...

October 7th 2013 at 6:15pm 0 Comments