Tim Cook says U.S. tax code is ‘absolutely crazy’

Apple chief executive Tim Cook made a pitch for tax reform. Simplify the code, and make it easier to bring overseas profits home, and companies like Apple will bring job-generating revenues back to the U.S.

Google chairman Eric Schmidt ‘perplexed’ about foreign income tax controversy

"What we are doing is legal. I'm rather perplexed by this debate, which has been going in the UK for some time, because I view taxes as not optional," the former Google CEO and current chairman said today.

Hawaii judge demands online travel sites pay $150M in taxes

Judge Gary Chang ruled on Friday that online booking sites owe the state of Hawaii for over a decade of unpaid taxes.

Google makes $10 billion in revenues in Bermuda? Well, kinda …

Google's not just smart about search, mobile operating systems, and online advertising. The company is also very smart about keeping the money it earns via clever tax avoidance schemes.

Just like Eduardo, nearly 1,800 people renounced U.S. citizenship this year over taxes

Around 1,800 U.S. citizens living abroad formally renounced their citizenship in 2011 — just like Facebook co-founder Eduardo Saverin — and many did so for tax purposes.

Saverin told Bloomberg today that his decision was one of convenience; it’s widely …