Facebook

Last week, Medtronic Plc suffered a legal setback in its bid to avoid a $1.4 billion U.S. tax bill — a ruling that may have costly implications for other multinationals battling the Internal Revenue Service over the use of overseas payments to lower their taxes.

Accountants have the opportunity to enter a burgeoning market where they can access a new realm of clients in dire need of help.

Silicon Valley’s favorite compensation strategy — paying top employees in stock rather than cash — just got more expensive.

What was meant to be an opportunity to mingle in the sun in a southern French city turned partly into a public denunciation of tax practices of U.S. web giants.

An infusion of AI improves everyone’s favorite spreadsheet software, harassment by emoji, and more.

Facebook dinged in California; New York State of workaround; SEC spoof; and other highlights from our favorite tax bloggers.

Facebook Inc. must allow a U.S. judge to inspect documents it has avoided showing the Internal Revenue Service as part of an investigation into the company’s use of an Irish subsidiary for tax purposes.

The European Union published proposals Wednesday for a 3 percent Digital Turnover Tax on the European B2B revenues of digital giants such as Google, Apple, Facebook, Amazon (termed GAFA in Europe), Uber and Airbnb.

Amazon.com Inc. will pay 100 million euros ($118 million) to the Italian tax authorities for the period of 2011-2015 in a settlement that closes the fiscal probe by the country’s tax police, Italy’s Revenue Agency said in an emailed statement Friday.

Facebook Inc. is changing its tax structure so that it will pay taxes in the country where sales are made, rather than funneling everything through its Irish subsidiary.