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Tag: taxes

Facebook co-founder renounces U.S. citizenship ahead of IPO

Friday, May 11, 2012 1:36 pmFriday, May 11, 2012182 Comments

The billionaire co- founder of Facebook Inc. (FB), renounced his U.S. citizenship…

Luxembourg official: Apple tax strategies not cheating

Wednesday, May 9, 2012 8:54 am10 Comments

The lowest tax rate in the applicable 15 to 25 percent range for standard VAT rates…

YouGov: Apple’s reputation tougher than GE’s based on recent tax avoidance ‘scandal’

Tuesday, May 8, 2012 4:28 pmTuesday, May 8, 201231 Comments

Apple is virtually ‘Teflon’ in public reputation in the US…

Republican Senator Coburn ‘livid’ over New York Times’ report about Apple taxes

Tuesday, May 1, 2012 5:41 pmTuesday, May 1, 201263 Comments

Sen. Tom Coburn said Tuesday that he was ‘livid’ about a New York Times report…

Rush Limbaugh: New York Times targeting Apple; latest hit piece based on erroneous tax data

Monday, April 30, 2012 4:35 pmMonday, April 30, 201295 Comments

Mac, iPhone, and iPad user Rush Limbaugh today discussed taxes, Apple Inc., Steve Jobs, and the New York Times…

Does Apple know how to use its money better than the U.S. federal government?

Monday, April 30, 2012 4:09 pmMonday, April 30, 201260 Comments

Does Apple know better what to do with its money than the federal government?

The New York Times blows it again: Incorrectly reports Apple’s tax rate

Monday, April 30, 2012 9:01 amMonday, April 30, 201234 Comments

We’ve been told by the New York Times, you know, the newswpaper of record

Apple to The New York Times: We are among the top payers of U.S. income tax

Sunday, April 29, 2012 12:18 pmSunday, April 29, 201252 Comments

In response to requests for comment on the company’s tax practices…

The New York Times: How Apple sidesteps billions in global taxes

Saturday, April 28, 2012 7:24 pmSaturday, April 28, 2012115 Comments

Apple, the world’s most profitable technology company…

Apple gets 15-year property tax exemption for $250 million data center in Prineville, Oregon

Friday, April 20, 2012 4:32 pmFriday, April 20, 201210 Comments

Apple Inc. has agreed to pay local governments $150,000 a year and get a 15-year property tax exemption…

Apple’s secret plan for its mountain of cash: Buying up its own supply chain

Friday, April 20, 2012 11:23 amFriday, April 20, 201282 Comments

Apple has $100 billion of cash and a lot of ways to spend it…

State of New York sues Sprint for more than $300 million over taxes

Thursday, April 19, 2012 1:30 pmThursday, April 19, 201211 Comments

The state of New York on Thursday sued Sprint Nextel Corp for more than $300 million…

Jason Schwarz: Apple’s tax-induced selloff is over

Tuesday, April 17, 2012 4:45 pmTuesday, April 17, 201214 Comments

The technical test of resistance for Apple happened early Tuesday morning…

Symantec chief accountant leaves to lead Apple’s tax department

Tuesday, April 10, 2012 5:01 pmTuesday, April 10, 20122 Comments

Apple’s hires are traditionally quiet affairs, and one of its most recent…

Apple, Amazon, Google accused of avoiding UK tax

Tuesday, April 10, 2012 10:32 amTuesday, April 10, 201220 Comments

Apple paid a paltry £10 million in UK corporation tax in the last financial year…

Travis County considers giving Apple 80% tax break for Austin campus

Thursday, April 5, 2012 6:04 pmThursday, April 5, 201219 Comments

The City of Austin has already approved $8.6 million in tax breaks for Apple…

U.S. Apple investors, beware looming expiration of Bush era tax cuts

Thursday, March 22, 2012 4:09 pmThursday, March 22, 2012164 Comments

What’s better? Capital gains and dividend income, or just capital gains?

How to Play It: A dividend strategy with Apple in mind

Wednesday, March 21, 2012 8:31 am1 Comment

Analysts expect Apple’s large technology peers to follow the leader…

Smart Steve Jobs wouldn’t have paid a dividend

Monday, March 19, 2012 12:30 pm79 Comments

Crafty bosses like Steve Jobs and Warren Buffett don’t let their companies declare dividends….

Russia scraps 5% import tax on Apple’s iPad after reclassifying it as a computer

Tuesday, March 6, 2012 8:31 amTuesday, March 6, 201228 Comments

Russia scrapped a 5 percent import duty on Apple Inc.’s iPad…

Senate Democrat: Shock is what Facebook can do legally via tax law loopholes

Wednesday, February 29, 2012 4:03 pm133 Comments

Sen. Carl Levin (D-Mich.) today held up Facebook and its founder, Mark Zuckerberg…

Foxconn gets Brazil tax breaks, looks to begin iPad production

Wednesday, January 25, 2012 7:59 pm17 Comments

The Brazilian government has approved tax reductions or exemptions pertaining to tablet…

Apple’s foreign cash hoard piles up: $54 billion and rapidly growing

Wednesday, January 11, 2012 11:20 am37 Comments

Apple (AAPL) is piling up boatloads of cash…

Steve Jobs’ heirs advised to sell Apple shares to avoid $867 million in hiked capital gains taxes

Tuesday, November 22, 2011 7:28 pmTuesday, November 22, 201162 Comments

When Steve Jobs died last month, he left $6.78 billion of stock in both Apple and Disney…

Does Apple really pay its fair share of U.S. taxes?

Tuesday, November 22, 2011 11:09 amTuesday, November 22, 201143 Comments

Apple has been able to book a large share of its foreign profits in low-tax jurisdictions…

IRS opens investigation into Google tax practices

Thursday, October 20, 2011 3:42 pmThursday, October 20, 201114 Comments

The U.S. Internal Revenue Service is auditing how Google Inc. avoided federal income taxes…

Google joins Apple in push for U.S. repatriation tax holiday

Monday, October 3, 2011 9:48 am30 Comments

As a coalition led by Apple Inc., Google Inc., and Cisco Systems Inc presses for a tax holiday…

Apple lobbies Obama for tax holiday, wants to bring overseas bounty home

Wednesday, August 24, 2011 12:37 pmWednesday, August 24, 201195 Comments

Apple’s profits stashed overseas is getting restless for a trip to the U.S.A…

As California starts taxing ‘Net sales, Amazon pulls affiliate deals with 25,000 websites in state

Thursday, June 30, 2011 3:30 pmThursday, June 30, 201181 Comments

Gov. Jerry Brown has signed into law California’s tax on Internet sales…

U.S. companies push for tax break on foreign cash

Monday, June 20, 2011 5:03 pm43 Comments

Some of the nation’s largest corporations have amassed vast profits outside the country…

U.S. Senate Democrat wants Internet sales taxes

Tuesday, April 12, 2011 1:43 pm85 Comments

The proposal–expected to be made public soon after Tax Day on April 1]–would rewrite…

Apple factory in Brazil to minimize huge taxes?

Wednesday, March 23, 2011 9:38 am22 Comments

Eike Batista, the world’s eighth richest man, expressed his desire…

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