Search Results for: ebay
EBay finds ‘material weakness’ in controls over accounting for tax
February 7th, 2017
EBay Inc (EBAY.O) said on Monday it had found that it improperly accounted for tax on certain transactions completed in December, which constituted a material weakness in its internal control over financial reporting. However, eBay said it would not ...
Google, Facebook, Amazon, eBay and Apple avoided £1BILLION of UK tax
January 27th, 2016
A Mirror investigation has revealed the UK is missing out on huge sums as multinational firms are based in tax havens Five of the world’s biggest tech companies avoided paying £1 BILLION in UK tax last year, the Mirror ...
What Happened to eBay’s Enterprise Business?
January 14th, 2016
eBay cared an awful lot about large brands and retailers throughout former CEO John Donahoe’s reign, but with the breakup of the company in July, the eBay Enterprise unit was sold off. So where is it now? What’s left ...
Amazon and eBay ‘liable’ if they ignore VAT fraud
November 2nd, 2015
Amazon and eBay could be liable for billions of pounds in unpaid VAT if they fail to properly investigate traders using their sites to escape sales tax, the BBC has learned. The online marketplaces could be legally required to ...
PayPal Celebrates Listing on Nasdaq and Completes Separation from eBay Inc.
July 21st, 2015
PayPal Holdings, Inc. (“PayPal”) (Nasdaq : PYPL) announced that it has completed its separation from eBay Inc. (“eBay”) and is now an independent public company trading on the Nasdaq Stock Market under the ticker symbol “PYPL.” The company’s leadership ...
Accountancy firm Baker Tilly warns over eBay income
November 4th, 2014
Accountancy firm Baker Tilly has issued a warning to those trading on sites such as eBay or Airbnb after a man was sentenced to two years imprisonment for failing to declare income from online sales. John Woolfenden, from Manchester, ...
Accountants warn against eBay tax evasion
September 8th, 2014
Accountancy firm Baker Tilly has warned people trading on eBay about tax evasion after a man was jailed for two years for failing to declare income from online sales. John Woolfenden was convicted at Bolton Crown Court after he ...
LVMH and eBay settle litigation over fake goods
July 17th, 2014
LVMH Moet Hennessy Louis Vuitton and eBay Inc have settled a long-running court battle over the sale of counterfeit luxury goods on the U.S. company’s online auction website. The companies are implementing cooperative measures aimed at protecting intellectual property ...
eBay profits rise despite ‘challenging quarter’
July 17th, 2014
Online retailer eBay reported profits of $676m (£395m) during the period from March to June, beating analyst expectations. Shares in the company were up by more than 1.5% in trading after the US stock market closed. Although revenue grew ...
eBay makes users change their passwords after hack
May 22nd, 2014
Online marketplace eBay is forcing users to change their passwords after a cyber-attack compromised its systems. The US firm said a database had been hacked between late February and early March, and had contained encrypted passwords and other non-financial ...
