Resource curse or resource blessing: How major oil discoveries keep autocrats in power
Oil is the most effective natural resource when it comes to keeping despots in power, new research shows.
Oil is the most effective natural resource when it comes to keeping despots in power, new research shows.
Economics & Business
Jun 25, 2020
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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 ...
Business
Jul 23, 2012
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In recent years, a number of U.S.-based corporations with significant international holdings have shifted their headquarters overseas in an attempt to lower their tax bills. At 35 percent, the U.S. nominal corporate tax rate ...
Economics & Business
Aug 15, 2014
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Despite a similar statutory tax rate for multinational corporations (MNCs) across many countries, the effective tax rate that MNCs actually pay differs greatly—as low as 1% of gross income in Luxembourg and as high as 67% ...
Economics & Business
Nov 29, 2023
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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.
Business
Nov 4, 2012
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Many of the world's leading tech companies call Ireland home, providing a boost for the cash-strapped nation but huge employment opportunities are being missed as Ireland marks the end of its bailout on Sunday.
Business
Dec 11, 2013
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New research shows that Australia is forgoing billions of dollars in revenue because of the low rates of tax being paid by large multinational companies here.
Economics & Business
Apr 22, 2016
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Multinational American companies with significant operations in countries with low corporate taxes take on less debt than companies that face higher taxes, according to a new study from the University of Maryland's Robert ...
Economics & Business
Jan 27, 2016
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About 10 years ago, a very thick book written by a French economist became a surprising bestseller. It was called "Capital in the 21st Century." In it, Thomas Piketty traces the history of income and wealth inequality over ...
Economics & Business
Aug 20, 2023
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Global technology giants Apple, Google and Microsoft on Wednesday defended their corporate tax structures at an Australian parliamentary hearing, rebuffing claims they were shifting their profits offshore to avoid paying ...
Business
Apr 8, 2015
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