According to Hi-Tech Mail, Russia’s three biggest wireless carriers, VimpelCom Beeline, MegaFon and MTS, have recently decided to stop selling the Apple iPhone to their customers, likely due to the intense and rigid conditions that Apple forces carriers to accept and abide by in order to offer the iPhone.…Read More »
According to European reporters from Reuters that have seen a recent a draft of an action plan compiled by Western governments, a number of countries are setting their collective sights on massive technology companies, including Apple, Google and Amazon, to do away with various loopholes that these enterprises use to avoid paying taxes.…Read More »
The artists at Joy of Tech have a suggestion for Apple’s cash-tax woes.Read More »
US government accuses Apple of dodging billions of dollars in taxes, CEO Tim Cook calls for tax reform
Apple has almost $100 billion of cash offshore, and the company doesn’t pay US taxes for this large amount. They also recently took on billions in debt to buy back shares instead of bringing over money from their massive offshore cash reserve. …Read More »
The Marketplace Fairness Act of 2013 has been passed by the US Senate. The bill gives states the authority to collect sales tax from online sellers — meaning sales-free online purchases could soon come to an end.
While the bill only applies to online businesses that make at least $1 million annually, according to The Verge, online retailers are split in terms of supporting the bill.…Read More »
Recall the comic I posted a couple days back that poked fun at Apple for dodging taxes, among other things? Yeah, well, some comics are actually based on the truth. The Permanent Subcommittee on Investigations in the United States Senate just released the results of an in-depth study that looked at how corporations are dodging taxes by using overseas tax shelters.…Read More »