Ikea Being Investigated for Dodging Taxes of More than $1.1 Billion

According to a Green party report in the European Parliament, Ikea has been accused of tax dodging for as much as 1 billion euros or $1.1 billion in its taxes from 2009 to 2014. The political organization has accused the…

Facebook Will Ditch UK Tax Reducing Structure

Facebook announced that it would stop booking it sales to clients in the UK through Ireland, which is a practice that lowered its taxes. This action follows the introduction by the British government of a new tax on profits that…

Voters in Santa Fe Reject Measure to Implement Soda Tax

Voters rejected a measure in Santa Fe that would have increased soft drink taxes. This gave the beverage industry one of its rare victories following a series of defeats at different ballot boxes around the U.S. The New Mexico capital…

Dozens of New Tax Agreements Signed by Airbnb

Airbnb reached more deals with dozens of different jurisdictions across the U.S. and France related to collecting and paying taxes, as it doubled down on an effort of improving its image with policymakers as it faces challenges across the globe…

Apple Settles Italian Tax Evasion Allegations (NASDAQ:AAPL)

Apple has reportedly agreed to pay about $347.6 million to Italian authorities to settle allegations of tax evasion, according to sources with knowledge of the matter. Apple is the maker of iPhones, iPads and other popular tech products and is…

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