Taxes »

US Senate approves bill for nationwide online sales tax

Enrique May 9, 2013 16

amazon

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 [...]

Read More »

Microsoft has dodged $7 billion in taxes since 2009, according to a report by the Senate

Ashraf September 20, 2012 5

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 [...]

Read More »