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Back in May, the Internal Revenue Service said thieves nabbed info for 100,000 people through its transcript website. Today the agency increased that number by an additional 200,000 folks, bringing the total number of potential cases to 334,000. Using a "Get Transcript" tool to access tax returns...

August 17th 2015 at 2:47pm 0 Comments
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You might need to keep a closer eye than usual on your tax-related info. The Internal Revenue Service is warning that intruders stole tax data for 100,000 people between February and May by taking advantage of a flaw in the agency's transcript website. The evildoers successfully circumvented a sec...

May 26th 2015 at 6:14pm 0 Comments
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It's no secret that the US government wants companies to bring more of their offshore profits back home for the sake of taxes, and it's now exceptionally clear as to why. Bloomberg has sifted through financial filings and discovered that the top eight American tech firms, including Apple, Google a...

March 4th 2015 at 5:19pm 0 Comments
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Healthcare.gov just can't catch a break -- it's been targeted by hackers and shared personal information with marketing companies in the past six months, and now it's trying to clean up a mess for the nearly 800,000 people it just sent incorrect tax information to. The Obama administration confirm...

February 20th 2015 at 2:27pm 0 Comments
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Airbnb's been struggling with numerous legal issues for a while now, and one of the biggest complaints against the service is that hosts have been using it to set up illegal hotels to avoid paying taxes. These days, Airbnb's trying to get on the good side of the law, so after getting rid of sketch...

February 1st 2015 at 12:42am 0 Comments
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Are you a Star Citizen fan based in Europe? If so I've got good news and bad news. The good news is that Cloud Imperium is opening a "publishing arm" in the UK and thus will provide local customer support. The bad news is that Euro customers will be subject to the VAT beginning on February 1st. "W...

January 20th 2015 at 5:00pm 0 Comments
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It's probably a good thing that Google got its Street View surveil of Hungary in when it did, because a new tax being proposed could make internet traffic in the country more expensive. A tax bill draft sent to parliament could impose a 150 forints fee (about $0.62) per each gigabyte transferred....

October 23rd 2014 at 4:53am 0 Comments
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Apple and other tech giants had better not lean too heavily on Ireland's super-favorable tax environment; at least one big perk is going away. Finance minister Michael Noonan has detailed a new budget that, among other things, will phase out the "double Irish" system that let companies operating i...

October 15th 2014 at 10:04am 0 Comments
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An EU commission has accused Ireland of granting "state aid" tax breaks to Apple that may break market rules. That was the result of an investigation by the Organisation for Economic Cooperation and Development (OECD) over Irish deals brokered in 1991 and 2007. It has now asked Ireland to provide...

September 30th 2014 at 5:03am 0 Comments
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Just like Mother always said: "If you have to deliver bad news, use a gif." Crawl, the monster-infested multiplayer dungeon crawler from Powerhoof, won't launch on its promised July 17 date. Powerhoof is an independent studio in Melbourne, Australia, and the team has run into tax issues that preve...

July 11th 2014 at 5:30pm 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