Search Results for: Amazon
Apple in the Dock: $1 Billion Antitrust Claim Casts Steve Jobs as Conspirator
December 2nd, 2014
In 2005, Mariah Carey had the number one single, “Grey’s Anatomy” was among the hottest shows on television, and Steve Jobs, and Apple Inc.’s iPod, were king. Customers of rival music players marred this shiny prospect for Apple and ...
Best Buy profit beats, sending shares higher
November 20th, 2014
Best Buy reported quarterly earnings and revenue that beat analysts’ expectations on Thursday, sending shares sharply higher in premarket trading. Following the report, shares of Best Buy rose more than 8 percent in trading prior to the opening bell. The ...
EU says Starbucks’ Dutch tax deal may be illegal
November 14th, 2014
A deal between Starbucks Corp’s (SBUX.O) and Dutch authorities may be illegal state aid as it allows the world’s biggest coffee chain to make payments on a lower corporate income tax base, European Union antitrust regulators said on Friday. The comments ...
Luxembourg’s Tax Rulings Discussed By New EU Commissioner
November 10th, 2014
The European Commission has not yet formed an opinion on two contested tax rulings provided by the Luxembourg Government to multinational companies, and it has yet to formally respond to the recent leak of previous rulings, the new Competition ...
Ireland Vies to Remain Silicon Valley’s Low-Tax Home Away From Home
November 10th, 2014
In a sprawling conference center on the outskirts of the Irish capital, more than 20,000 people from the global tech industry gathered last week to sign deals and swap contacts. Despite the throngs of start-ups, American heavy hitters like ...
Companies sign secret tax deals with Luxembourg: report
November 6th, 2014
More than 300 companies, including PepsiCo Inc(PEP.N), AIG Inc (AIG.N) and Deutsche Bank AG (DBKGn.DE), secured secret deals from Luxembourg to slash their tax bills, the International Consortium of Investigative Journalists (ICIJ) reported, quoting leaked documents. The companies appear to have ...
Oil price swoon pulls WTI crude to 3-year low
November 5th, 2014
Oil prices fell to a three-year low Tuesday as Saudi Arabia cut prices of crude exported to the U.S., raising the specter of a bruising battle for market share that threatens the U.S. energy boom but could bring ultra-low ...
How Facebook just blew a great quarter
October 29th, 2014
Investors are up by a huge amount from Facebook’s lows Even before Facebook (FB) investors could start celebrating a strong quarter of earnings growth, the company cooled off the party. During the conference call, the company’s Chief Financial Officer ...
Modern accountancy firms
October 20th, 2014
At the 2020 Group annual conference last week, US chairman Chris Frederiksen spoke about how to build a modern firm. Based on the group’s research and Frederiksen’s own experience of firms around the world, he came up with five ...
Experts warn over VAT digital services rules
September 19th, 2014
Businesses who make and sell apps or provide digital services to consumers in the European Union will see their paperwork increase in January due to new legislation to counter tax avoidance, experts have warned. Currently VAT on digital services ...