Airbnb Faces EU Clampdown for Tax Avoidance
European Union Finance Ministers are reportedly in talks around ensuring home-sharing platforms – including Airbnb – pay their fair share of taxes.
Tag: tax
Did a Trump Aide Launder Money from an Offshore Account?
Documents released last year reveal that former Trump aide Paul Manafort from the party of Ukraine’s Kremlin-backed former President, the Party of Regions, reportedly worked for Russian-leaning political organizations in the Ukraine for well over ten years before taking the help of Trump’s presidential campaign in the summer of 2016.
Should Robots Pay Taxes?
If a robot takes a person’s job, should that robot pay income taxes? It is a question that is increasingly being debated in relation to the impact of automation on employment, and many have suggested that such a tax could help to address inequality and alleviate the social and economic pressures wrought by the shift towards the automation of labor. But experts agree that there is not a clear-cut answer.
Will the UK become a Tax Haven Post-Brexit?
British Prime Minister Theresa May said that she would modify the basis of the UK’s economic model should the country get an unfavorable deal from other EU member states in Brexit negotiations, igniting widespread controversy.
Apple Named the Biggest Corporate Tax Avoider in the US
Apple officially has been dubbed the biggest corporate tax avoider in the U.S. after sending a staggering £171.6 billion (roughly $210 billion) of last year’s profits overseas.
Tax Evasion or Tax Avoidance: What You Should Know about Donald Trump’s Taxes
Revelations that U.S. Republican presidential candidate Donald Trump has paid no federal taxes for the past 18 years has set off a storm of controversy.
Tax Evasion vs. Tax Avoidance
Following the leak of the Panama Papers earlier this year, there has been much talk about tax evasion and tax avoidance and cracking down on the global elite to make sure they pay their taxes.
Why Is Ireland Such a Popular Mid-Shore Jurisdiction?
Ireland can be characterized as a mid-shore tax jurisdiction, meaning that it allows non-resident companies to register in the country, providing them with a lower tax rate and allowing them to create banking accounts anywhere in the world.