Tax

Highlights of some of our favorite tax-related blogs from the past week.

H&R Block announced that for its fiscal 2017 first quarter, its total revenues fell $12.5 million, to $125.2 million.

When I told my wife that I was working on the Apple story, she told me that it’s already been covered—in the Book of Genesis. She’s right, of course, since good versus evil permeates many of the issues in the current tax landscape.

The European Commission’s finding that Ireland must collect as much as an attention-getting 13 billion euros ($14.5 billion) in back taxes from Apple Inc. contained a second stunning number: 0.005 percent.

Apple Inc. Chief Executive Officer Tim Cook said he’s confident the iPhone maker will win a court fight against this week’s European Union decision forcing it to pay Ireland vast tax arrears, as Prime Minister Enda Kenny struggled to unite his government behind an appeal.

The days when big U.S. technology companies could easily slice tax bills in Europe are coming to an end.

The European Union’s finding that Apple Inc. owes Ireland more than $14 billion in back taxes reveals the high cost the U.S. Treasury may pay by failing to keep pace in a global effort to stem corporate tax avoidance—and Apple might represent only the first major U.S. loss.

Tax experts dig into the presidential candidates’ tax plans

The United States trade balance is out of whack. Once again, the U.S. is losing big in the world trade arena.

Apple was ordered to repay as much as $14.5 billion plus interest after the European Commission said Ireland illegally slashed the iPhone maker’s tax bill between 2003-2014.