As politicians tout the merits of U.S. tax reform on personal returns and corporate investment, many companies are scrambling to deal with the law's immediate impact on the value of their deferred tax assets and liabilities ...
Business
Feb 5, 2018
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Treasurer Scott Morrison is quick to spruik the shareholder benefits of cutting corporate tax rates further, as the usual logic goes that if a corporation pays less tax, shareholders should get a greater return.
Economics & Business
Jan 24, 2018
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Apple is planning to build another corporate campus and hire 20,000 workers during the next five years as part of a $350 billion commitment to the U.S. that will be partially financed by an upcoming windfall from the country's ...
Business
Jan 17, 2018
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13
The Detroit auto show arrived Sunday with showman's flair, as the car industry tied its latest offerings to American nostalgia and Hollywood glamor.
Business
Jan 15, 2018
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The Detroit Auto Show shifted into full gear Sunday with international trade and tax cuts dominating the conversation, even as an optimistic industry raced to meet Americans' seemingly insatiable appetite for trucks and SUVs.
Business
Jan 14, 2018
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For years, Apple and other multinational firms have faced inquiries from government authorities about tactics they employed to lower their tax bills.
Business
Nov 9, 2017
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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.
Business
Oct 9, 2016
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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.
Business
Aug 30, 2016
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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.
Business
Aug 30, 2016
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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 ...
Business
Aug 30, 2016
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