Posts tagged as: Taxes

President Trump Goes After Amazon On Twitter – Could Just Be The Start

President Trump has launched an attack on Amazon saying it pays little or no local or state taxes. He also accuses it of “putting many thousands of retailers out of business“. Mr Trump added in a tweet that “they [sic] …use our Postal System as their Delivery Boy (causing tremendous loss to the U.S.)“. In […]

Apple Order to Pay to $14.5B in Back Taxes to Ireland

 Apple must pay up to $14.5 billion in back taxes to Ireland, the European Union ruled Tuesday after the bloc’s anti-trust arm concluded that the technology firm was given illegal tax benefits over two decades. “Member states cannot give tax benefits to selected companies — this is illegal under EU state aid rules,” said EU Competition Commissioner Margrethe Vestager. Vestager […]

The Fallout Over the French Raid on Google’sParis HQ Could Take Years

The data retrieved from the Paris raid on Google’s headquarters by French police could take months or even years to analyze, according to a prosecutor assigned to the case. Authorities seized dozens of files and related data that recorded Google’s financial transactions in the country with a view to lodging a claim for unpaid taxes […]

Apple and Google Could Be ‘Named and Shamed’ in Australia for Taxes Avoidance

Apple, Google and other large multinational corporations conducting operations in Australia might soon see their annual tax payments made public as a result of a government inquiry into corporate tax dodgers. An Australian Senate committee investigating corporate tax avoidance is set to present transparency proposals on Monday that are expected to include a “name and […]

SEC Closes Tax Probe on Sprint

The U.S. Securities and Exchange Commission has closed its investigation of Sprint’s tax practices and will take no action against the company. The SEC launched its investigation in July 2012 and closed the probe last month. Sprint is still being targeted by New York Attorney General Eric Schneiderman, however, for what he believes is Sprint’s […]

US Senate Passes Marketplace Fairness Act – Allows States to Collect Sales Tax on Internet Sales

The US Senate voted to move the online sales tax bill forward. The bill, known as the “Marketplace Fairness Act,” will mandate collection of sales tax for purchases even across state lines by companies having annual online sales of more than $1 million per year. The bill was passed by a 74-20 margin, greatly exceeding […]

Prepare, File Taxes from Smart Phones and Tablets with Intuit’s TurboTax

TurboTax, the nation’s leading tax software from Intuit, was the first to offer full tax preparation and e-filing directly from a mobile device. TurboTax apps are specifically designed and optimized for the mobile user. TurboTax apps combine the unparalleled ease of TurboTax with the convenience and portability of mobile devices so that taxpayers feel confident […]

US House Passes Bill to Freezes Cellular Taxes for Five Years

Today the US House of Representatives has voted in favor of legislation that places a temporary halt on increases to taxes on cellular service. The approval will prevent state and local taxes on cellphone and wireless broadband service from increasing in the near future, though the bill only freezes the tax hikes for a period […]

Comic-Con Doesn’t Pay City License Fees

Comic-Con met a city deadline of June 2 to submit an application for a business license—after operating in La Mesa for five years without one. According to records with the city of La Mesa, the San Diego Comic Convention—which hosts a conference that attracts thousands from around the world—is doing business as “Comic-Con International & […]

Turbo Tax Comes to the iPad

TurboTax has announced a new app designed and optimized specifically for mobile users of the iPad. TurboTax for the iPad combines the ease and accuracy of TurboTax with the convenience and portability of the Apple iPad. One of the first iPad apps from Intuit Inc. (Nasdaq:INTU), it is the first and only mobile app that […]

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