In a surprising move for an encrypted chat service considering the UK's stance on surveillance, Snapchat has announced its intention to open a new international headquarters to London. This is also practically unheard of in the tech space, with most companies preferring tax-routing countries like Ireland to host their services in …

Due to the high taxation on imported video games and consoles in Brazil, Nintendo has opted to pull out of the market and will no longer sell its products in the country. Nintendo of America confirmed the move, stating that “high import duties that apply to our sector” are to …

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 …