Tag: Technology
Europe, Apple, and the money burning a hole in Silicon Valleys wallet
Corporate America holds a surprising $1.2 trillion overseas or it did up until Brussels stepped in recently. At long last, will that money be getting home? T hree years back, Apple manager Tim Cook was emphatic. Appearing prior to significant intervention of Europes competitors commissioner Margrethe Vestager appeared to takeRead More
Amazon and Starbucks ‘pay less tax than a sausage stand’, Austria says
Centre-left political leader likewise criticises Google and Facebook and grumbles that EU states with low-tax routines have actually drawn multinationals Multinational business consisting of Amazon and Starbucks pay less tax in Austria than among the nations small sausage stands, the republics centre-left chancellor regreted in an interview released on Friday.Read More
Why EU state aid is not the right tool to fight tax avoidance
Rather than pursuing business such as Apple for exactly what they performed in the past, we ought to concentrate on forming a reasonable tax system for the future N obody will implicate me of being lax on state help enforcement. In 2008, when European Union member states will start aRead More
Irish government split over immediate appeal against Apple tax bill
Cabinet satisfies amidst departments regarding appropriate action to European commission judgment buying business to repay 13bn Irelands governing union is divided over whether the state needs to instantly appeal versus the European commission judgment purchasing Apple to pay 13bn (11bn) in back tax to the Irish federal government, and willRead More
After Apple: will other tech companies face Irish tax bills of their own?
With Microsoft and Google amongst United States business connected to Ireland, market supporter raises issue over ramifications of European commissions choice Americas greatest innovation business have actually been analyzing the European commissions choice on Tuesday to purchase exactly what it called healing of unlawful state help for supposed condemnation andRead More
Apple to shareholders: order to pay back $14.5bn in taxes will be overturned
iPhone maker informs investors it does not think about the European commissions choice last and does not anticipate any near-term effect on our monetary outcomes Tech huge Apple informed investors it did rule out the European commissions choice to gather financier relations page , the business stated it did notRead More
Israeli firm accused of creating iPhone spyware
Program that can turn iPhones into remote spying gadgets was supposedly utilized to target Middle Eastern human rights activist An supposedly assemblied by previous members of the Israeli armed forces Unit 8200 electronic monitoring facility decreased to reject it lagged the spyware. The security hole may have gone unpatched hadRead More
WhatsApp privacy backlash: Facebook angers users by harvesting their data
Facebook is being implicated of backtracking on its promise not to utilize the information of the 1 billion users of the WhatsApp messaging app it got 2 years ago Stop us if youve heard this one: Facebook presents a brand-new function and/or gets a brand-new business, swearing to safeguard theRead More
US warns Europe over plan to demand millions in unpaid taxes from Apple
United States Treasury states examinations into supposed tax avoidance by United States business consisting of Amazon and Starbucks might develop regrettable precedent The United States has actually alerted the European commission that it will think about striking back if Brussels proceeds with strategies to require billions of dollars in unsettledRead More
Take it from a cab driver: your most memorable ride won’t be driverless | Eugene Salomon
In the rush to make motorists redundant, Silicon Valley tech business like Uber might be forgetting the human interaction that makes taxi trips unique A s an individual who has been driving a taxi in New York City for 38 years, I ask you: exactly what was the very bestRead More
