Search Results for: Amazon
‘Big data’ will be key to accountancy success, says KPMG
January 8th, 2015
KPMG has revealed that future threats from companies like Google were a key reason for its £40m investment into accounting services for small and start-up businesses. When asked about its reasons for creating the cloud-based service, Iain Moffatt, Head ...
Digital tax increase to take effect in Europe
January 2nd, 2015
A change in fiscal rules in the EU is raising the tax on many purchases of digital content, such as e-books. Europe’s tax showdown could be headed straight to people’s wallets. With the new year, a change in fiscal ...
Luxembourg Agrees to Share Details of Corporate Tax Deals
December 19th, 2014
Luxembourg agreed Thursday to share with the European Commission information on tax deals secured by multinational companies with operations in the small nation. Xavier Bettel, Luxembourg’s prime minister, said the decision came after the European Union’s executive also asked ...
All EU member states told to release tax ruling information
December 18th, 2014
All EU member states have now been drawn into the European Commission’s investigation into the use of tax rulings to offer preferential tax treatment to multinationals The Commission has extended the scope of its enquiry into tax rulings practice ...
Disney and Skype ‘used Luxembourg tax deals’
December 12th, 2014
Companies including Disney and Skype have allegedly used Luxembourg tax deals, according to fresh leaks published by investigative journalists. The group of firms funnelled hundreds of millions of dollars in profits through Luxembourg subsidiaries, according to leaked documents. Disney ...
BlackRock Leads $300 Million Financing Round for South Korean Online Retailer
December 10th, 2014
BlackRock Inc. is adding its name to a roster of high-profile investors betting on Asia’s fast-growing technology startups by leading a $300 million financing round for South Korean online retailer Coupang that will value the company at more than ...
Stocks to Watch: Cubist Pharma, McDonald’s, American Airlines
December 8th, 2014
Among the companies with shares expected to actively trade in Monday’s session are Cubist Pharmaceuticals Inc., McDonald’s Corp. and American Airlines Group Inc. Merck & Co. agreed to buy antibiotics maker Cubist Pharmaceuticals for $8.4 billion. The deal, which ...
Business lobby warning on chancellor’s new ‘Google tax’
December 5th, 2014
The chancellor wants multinationals to pay their “fair share” of tax The Confederation of British Industry has warned over Chancellor George Osborne’s plans for the UK to “go it alone” on corporate tax reform. The Organisation for Economic Cooperation ...
U.S. Shares Rise With Dollar as Oil Surges Amid Data
December 3rd, 2014
U.S. stocks rose toward records, as energy shares rallied with the price of crude and investors weighed data on hiring and the services sector. European equities climbed and the dollar gained on speculation the region’s central bank will add ...
Sweetheart tax avoidance deals to receive greater scrutiny from the EU
December 3rd, 2014
Draft legislation to oblige sharing of corporation tax deals, as Germany, France and Italy pressure Juncker over Luxembourg The European commission has pledged to fast-track new legislation to establish greater scrutiny over sweetheart tax avoidance deals for big companies. ...
