Some three hundred years ago Sir Walter Scott asked, “Breathes there a man with soul so dead who never to himself hath said, This is my own, my native land.” Well, in America corporations are legally deemed “persons,” so the answer to Scott’s question is “Yes,” at least when it… – Continue reading
The Federal Labor Party has demanded the Government bring Australia’s international taxation regulations into line to deal with multinationals such as Apple and Google, which are siphoning billions of dollars of revenue out of Australia while paying only small amounts of local tax. In a statement issued this morning, Shadow… – Continue reading
The Federal Labor Party has demanded the Government bring Australia’s international taxation regulations into line to deal with multinationals such as Apple and Google, which are siphoning billions of dollars of revenue out of Australia while paying only small amounts of local tax. In a statement issued this morning, Shadow… – Continue reading
Multinational tax avoidance in the digital economy has become a hot political topic with public reports of companies such as Google, Apple and Starbucks not paying a “fair share” of tax. The G20 group of rich economies has commissioned the Organisation for Economic Co-operation and Development to tackle corporate profit… – Continue reading
On the menu for the lunch French President Francois Hollande is hosting today for the chiefs of the likes of Google Inc. and Facebook Inc.: carrots and sticks. In the first official trip by a French president to San Francisco in 30 years, Hollande will seek to woo Facebook’s Sheryl… – Continue reading
Is Ireland a tax haven? The Irish government bristles at the question, given rising interest in cracking down on offshore financial centers, but research from a Trinity College professor is pretty definitive: Yes, it is. When Ireland’s leaders defend their country from accusations that global companies like Apple use Irish… – Continue reading
The OECD on Sunday delivered a new global standard to crack down on tax evasion with more than 40 countries already committing to the measures. Organisation for Economic Cooperation and Development (OECD) chief Angel Gurria called it “a real game-changer” that would boost international cooperation to reel in cheats. “Globalisation… – Continue reading
