The chancellor’s ‘huge success’ in securing £130m in back taxes from the technology company raises a number of issues
Source: Google’s tax deal with the UK: key questions answered | Technology | The Guardian
Corporate welfare General
Tech firms that rely on online networks to face new taxes in UK
Just a week after news broke that the EU plans to tax the local turnover of big tech firms, the UK government released a position paper stating its intention to similarly revamp how it taxes […]
Corporate welfare General
EU to tax turnover rather than profit of big tech firms Apple, Facebook, Google and Amazon
In a move that would recoup tax payments otherwise funnelled overseas through clever accounting mechanisms, the EU is poised to begin taxing the turnover, rather than the profits, of Google, Apple, Facebook and Amazon. Bruno […]
Corporate welfare General
Jamie Dimon of JP Morgan Calls for Greater Regulation and More Effective Tax Policy in US
JP Morgan’s Jamie Dimon, chairman, president, and CEO of the bank, has called out finance journalists for failing to report on the impact of US government policy on the average citizen. Dimon harangued journalists for […]