Some of the biggest US tech firms are now obligated to pay a new tax under Canada's Digital Services Tax bill. The US government is pushing for a delay.
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Bad news for French Spotify Premium subscribers: Due to the new CNM tax streaming sites, Spotify is increasing prices for Premium users. These prices will be the highest across the EU.
The UK's tax office, HMRC, has plans to 'gently remind' content creators and influencers that they may have tax obligations, with up to 4300 people being targeted with notification letters.
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The UK government is hitting those who sell crypto by lowering the Capital Gains Tax tax-free allowance. It'll be reduced in 2023 and then again in 2024 so those who sell assets pay more tax.
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An investigation by Reuters has found that companies could continue to reduce their tax burdens even after a rule from the OECD designed to stop the use of such schemes comes into effect.
The new global tax on big multinationals has come under fire for having too low a rate. Nations in the Global South could be disadvantaged as they prefer larger corporate taxes to fund budgets.
OECD countries have come to an agreement over the taxation of global companies such a Facebook, Google and Apple. The new rules will see $150 billion in new tax raised each year from 2023.
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Samsung has been offered tax breaks by Taylor city in Texas if it chooses to locate a new chip factory there. Construction could begin in Q1 2022 with chip production starting by Q4 2024.
Accountants and financial advisors have warned that people may unknowingly be accruing high capital gains tax bills by using crypto-based debit and credit cards to make purchases in stores.
The European Union is set to appeal the General Court's decision from July which said Apple had not broken any laws with its tax arrangement with Ireland. The EU says the firm has underpaid its tax.
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Google has announced that advertisers in the U.K. will be charged extra to help the firm cover the costs of the new digital services tax that came into effect earlier this year on April 1.
Denmark is looking into whether Google owes more tax. The country's Prime Minister has been a proponent of implementing a digital tax that would extract more profit from big tech firms.
The EU's second-highest court has sided with Apple and Ireland in the latest episode of an on-going legal battle between the two and the European Commission. The Commission has 14 days to appeal.
The EU has asked the United States to come to the negotiating table at the OECD level in order to hammer out some rules over digital taxation. The EU wants to see digital firms fairly taxed.
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The OECD has urged the UK to stall its plans to tax big tech revenues in the country. It comes after France announced a delay to its digital services tax after receiving pressure from the U.S.
Apple has had its hearing the the EU's General Court today. It has claimed that the EU's tax order of €13 billion over its dealings in Ireland are out of proportion and does not reflect reality.
Apple is set to challenge the European Commission in the EU's second-highest court on Tuesday after it was ordered by the EU executive to pay a massive €13 billion ($14.4 billion) in back taxes.
The EU's upcoming finance minister has announced that a digital tax is a priority for him and that he will oversee the arrangements across the bloc on a suitable taxation level which all agree to.
France and the U.S. have come to an agreement that will allow the European country to go ahead with its Digital Services Tax plans without incurring retaliation from the Trump administration.
The United States Trade Representative's office has announced that it will be holding a public hearing about France's new Digital Services Tax on August 19, starting at 09:30 EDT (UTC-4).
Google's Eric Schmidt has made remarks to the BBC recently, in which he has stated that he was comfortable with Google's tax avoidance practices and that he would defend the company's actions.
Netflix has decided to ditch in-app iTunes billing for new customer subscriptions, instead directing them to its website. Through this, the company will skirt the 15% cut demanded by Apple.
Ohio has begun accepting bitcoin for business tax payments. The initiative, headed by Ohio treasurer, Josh Mandel, was initiated in order to draw attention to the state's tech enthusiasm.
The European Union's plan to tax big tech companies on sales they make within the bloc has stumbled today after three countries said they would not back the proposal in its current state.
It appears that the Ugandan government has found a way to prevent its citizens from excessively using social media. The country has passed a law which imposes a daily tax on social media users.
Facebook has announced that it will record ad revenues in the countries where they were sold instead of in Dublin at the company's international headquarters. Experts remain skeptical, though.
With a new Skill piloted by the DVLA, UK motorists that have devices with Amazon's Alexa are able to obtain tax and MOT information about their vehicles by reading out the registration number.
Russia's central bank is formulating legislation which should go through the Duma next month. The law will propose that bitcoins be taxable and monitored with reporting systems in place.
Former Microsoft CEO and current Los Angeles Clippers owner Steve Ballmer has unveiled a public database which documents how the government spends every cent of the taxpayer's money.
Apple has recently come under fire from authorities, as well as the public in New Zealand, for selling products worth $4.2 billion NZD in the country, and yet paying no local taxes.
South Carolina lawmakers have tabled a draft amendment that would see new computers blocked from accessing pornography. But there's a caveat; you'll be able pay $20 to unblock the whole filthy web.
Facebook tax figures have been released and they show that despite making £2.9 billion globally, it only paid £4.1 million to the UK tax man. The low figure is still much higher than last year.
This week saw Apple officially lambasted by the European Commission over its European tax affairs. Today, Tim Cook responds directly, addressing the matter via Ireland's national broadcaster.
According to the company's co-founder, Apple should be paying its fair share in taxes. This, after allegations from both the EU and US that the company has been dodging billions in owed taxes.
An overhaul of Facebook's reporting and tax affairs means that it will soon be paying millions more in tax to the UK in comparison to previous years where it paid almost nothing.
The Russian government wants to force US technology companies like Apple and Google to pay taxes on apps and services sold online. It also wants to ban Windows from government machines.
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