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Microsoft's recent embroilment with the IRS highlights the dangers of this tax strategy for multinational companies.
November 14 -
The iPhone maker risks having to pay billions to Ireland after an advisor to the European Union's top court said its victory in an earlier challenge should be thrown out.
November 9 -
The U.K. Supreme Court rejected lawyers' claims that London isn't the proper place for the Danish tax agency to bring its claim.
November 8 -
Many are considering extra hiring to handle the upcoming mandates, according to KPMG.
November 7 -
A German banker was sentenced to three years and three months for his role in the international tax trading scandal.
November 6 -
Officials from the Criminal Investigation division met with tax officials from four other countries to uncover tax evasion and money laundering schemes through data mining.
November 2 -
The 15% GMT on corporate profits is likely to generate only a fraction of the tax revenue expected, according to a new report.
October 23 -
Regulators are conducting tax audits and reviewing land use by Foxconn, the Taiwanese company that makes the vast majority of iPhones at factories in China.
October 23 -
Collins is "not a fit and proper person to provide financial services," the Australian Securities and Investments Commission said in a statement.
October 20 -
The bipartisan legislation would relieve double-taxation of investments between the U.S. and Taiwan for businesses and employees.
October 19 -
Treasury Secretary Janet Yellen indicated the U.S. will be unable to sign a treaty on global tax rules in time to uphold a deal that prevents other countries from imposing new levies on some of the largest American tech companies.
October 17 -
The agency is responding to the unfolding crisis in the Middle East.
October 13 -
Hanno Berger was convicted in a tax scandal that robbed billions of euros from government coffers and ensnared some of Wall Street's biggest banks.
October 12 -
Negotiators presented a legal text that sets out who can levy the profits of the world's biggest corporations in order to prevent a resurgence of trade tensions.
October 11 -
Spain alleges that the Queen of Latin music owes $7.1 million for 2018.
September 29 -
The former vice president said his former running mate's proposal for a 10% universal tariff would cost U.S. jobs and worsen inflation for American families.
September 29 -
The firm said its risk controls were inadequate and its board didn't challenge leadership enough, following a months-long independent inquiry into malpractice.
September 27 -
The Biden administration has come under pressure to seize the funds outright, something Yellen has said would be illegal under current law.
September 21 -
The service is asking for comments from business taxpayers and their advisors about ways to improve and expand its programs for resolving tax issues upfront.
September 15 -
Corporate tax departments are going through major transformation in response to the challenging legal and regulatory environment, according to a new survey from Deloitte.
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