Displaying items by tag: tax avoidance

Facebook, Amazon, Google are the companies most at risk from regulatory crackdown in the advertising sector, according to the latest Thematic Scorecard for the sector from analyst firm GlobalData.

Published in Technology Regulation

One of the big problems in tech that the incoming minister for the digital economy will have to fix is the matter of getting big tech multinationals to pay their fair share of tax.

Published in Open Sauce

Three areas of tech which the Labor Party plans to go hard on if it is elected on 18 May are the workforce, the certification of providers to government, and getting big technology firms to pay their fair share of tax.

Published in Government Tech Policy

Google has managed to squirrel away €15.9 billion (US$19.2 billion) in a Bermuda shell company in 2016, helping the search behemoth to avoid paying at least US$3.7 billion in taxes, according to regulatory filings in the Netherlands.

Published in Technology Regulation

Technology companies normally occupy the top ranks in many areas of business, including dodging taxes, but this time they appear to have been beaten by the oil company ExxonMobil.

Published in Strategy

Finance ministers from EU countries have offered cautious support for a plan to draft new tax rules for multinational technology companies like Google and Facebook.

Published in Technology Regulation
Monday, 11 September 2017 10:01

Four EU states want big tech to pay tax on revenue

Four EU members have proposed that big multinational technology companies like Apple and Google should pay taxes in Europe on their revenue, and not profits.

Published in Technology Regulation
Friday, 02 September 2016 09:18

Apple's Cook blows hot and cold on cash stash

Apple chief executive Tim Cook is keeping people guessing as to whether the company will repatriate its massive pile of cash stashed outside the US or leave things as they are.

Published in Government Tech Policy
Friday, 01 July 2016 07:51

Tax officials raid Google offices in Madrid

Google's offices in Madrid have been raided by authorities as part of an ongoing tax probe, according to media reports.

Published in Government Tech Policy

The Australian Commissioner of Taxation has declared war on multinational tax avoiders. He is fed up with pathetic excuses for non-compliance and will use new powers to make them pay.

Published in Technology Regulation

Apple’s favourable tax treatment in Ireland may soon come to an end as EU regulator the European Commission gets ready to act on findings initially made in June 2014. If the EC does force Ireland to comply with its tax findings, the decision could cost Apple €17 billion (AUD$27 billion) in Ireland alone plus several billion more in countries around the world, including Australia.

Published in Government Tech Policy

There was a touch of sweet and sour last night for both the technology industries and consumers in the pronouncements of the Federal Treasurer Joe Hockey as he delivered the 2015/16 Australian Federal Budget.

Published in Government Tech Policy
Thursday, 09 April 2015 13:17

Big tech companies lack one thing – shame

Watching the heads of the Australian arms of Google, Microsoft and Apple sit before a Senate committee and tell one whopper after another is an amazing experience.

Published in Open Sauce
Tuesday, 17 March 2015 07:02

Turnbull flags GST on Google ads

Communications Minister Malcolm Turnbull says he will look at imposing GST on online ads sold from overseas by Google and others.

Published in Government Tech Policy
Friday, 07 March 2014 07:28

Apple tax scheme whizz retires

Peter Oppenheimer, the man who saved Apple billions with his creative tax avoidance schemes, has retired. The Apple CFO's timely departure comes just as the lengths the company has taken to avoid paying tax have reached the top of the political agenda in Australia.

Published in Listed Tech

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