(Phys.org)—Anti-tax advocates argue that millionaires will flee from states that raise taxes on their highest earners. But a study by Stanford and Princeton researchers shows no evidence of millionaire migration in response ...
Apple Inc. paid an income tax rate of only 1.9 percent on its earnings outside the U.S. in its latest fiscal year, a regulatory filing by the company shows.
On Tuesday, Apple is set to report financial results for the second quarter. Analysts are expecting net income of $9.8 billion. But whatever figure Apple reports won't reflect its true profit, because the company hides some ...
Facebook paid £4.17 million ($5.18 million, 4.63 million euros) in British corporation tax last year, up from just £4,327 in 2014, accounts showed Sunday.
The European Commission's demand for Apple to pay Ireland some 13 billion euros in back taxes has put the country in the strange position of refusing the windfall for fear of scaring away valuable investment.
The European Union's crackdown on corporate tax avoidance has landed on Apple ; its antitrust regulator is demanding that the U.S. tech giant pay Ireland up to 13 billion euros ($14.5 billion) plus interest in back taxes.
Apple has to pay up to 13 billion euros ($14.5 billion)—plus billions more in interest—in back taxes to Ireland after the European Union found Tuesday that the U.S. technology giant contributed almost no tax across the ...
The European Union's campaign to crack down on tax avoidance by multinationals has drawn unusually public criticism from the U.S., which says it is unfairly targeting American companies.
The European Union's executive branch rejected Thursday the U.S. government's complaint that its probes into sweetheart tax deals between EU governments and big companies are hitting U.S. firms hardest.
A new study by a UT Dallas economist found that property taxes may have exacerbated the housing bubble that began in the early 2000s and led to the Great Recession.