The European Commission has concluded its three year investigation into Apple's use of Irish tax loopholes to avoid paying high corporation tax and has ruled that it should pay as much as 13 billion euros (£11 billion) in back taxes. Both Apple and Ireland's government are expected to appeal the …
Read More »Facebook will start paying more tax in the UK
Facebook, like other major tech firms in the UK is often accused of paying far too little corporation tax. In 2014, despite making more than £840 million through UK advertising sales, it paid just £4,300 for the entire year. That's set to change moving forward, as Facebook is changing its …
Read More »Google criticised by Obama over EU tax avoidance
Tax avoidance is a difficult topic, not least because anyone that's ever filed a tax return through an accountant is likely engaged in it one way or another. However while many morally deplorable newspapers like to point the finger at rich individuals who have dodged tax on their several millions, …
Read More »Google dodged £1 billion in taxes
As part of a call for a global crackdown on tax avoidance, it has been revealed that Google is one of the biggest culprits. In 2011, the search giant pushed 80 per cent of its revenue, some £6 billion, through the island of Bermuda, thereby avoiding over £1 billion in …
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