Time for tax reform 2.0
Guest Post Bigger than the question of morality over offshore taxes, should be the question of global competitiveness and encouraging domestic innovation.
Why Apple believes keeping billions in cash overseas is fair, and why Congress largely disagrees
May 22, 2013 2:29 PM
John Koetsier
Editor's Pick "I am not an unfair person," Apple CEO Tim Cook told lawmakers yesterday. "Apple is not an unfair company."
How Apple avoided paying taxes on $44B of offshore income
May 21, 2013 7:03 AM
Devindra Hardawar
Apple faces the tax man.
France wants to add a ‘culture tax’ to Apple & Google products
May 13, 2013 10:31 AM
Tom Cheredar
France isn't exactly known as being the friendliest country for big businesses, especially when it comes to tech companies. Here's another potential example of why.
Senate passes e-commerce bill; heads to House next
May 6, 2013 6:02 PM
Dylan Tweney
More ubiquitous taxes are coming, as the U.S. Senate voted today to require large online retailers to collect state and local sales taxes for their customers.
Internet sales tax bill is likely to pass Senate vote later this week
April 24, 2013 3:23 PM
Tom Cheredar
The U.S. Senate voted to once again advance the Marketplace Fairness Act, a bill that would place a mandatory state sales tax on things sold over the Internet.
The future of tax season in America — Will filing taxes get easier?
Guest Post So, what will tax filing be like five years from now if technologies continue to advance and consumers demand better tax policies and better software solutions? Will this process be easier or the same? Lets take a look:
Health app makers to feds: Dithering on regulation is stifling innovation
March 19, 2013 3:58 PM
Christina Farr
Congress is conducting a three-day series of hearings to decide how to regulate the explosion of health apps on smartphone and tablet devices.
Billion-dollar Danish: Microsoft owes Denmark $1 billion in unpaid taxes, treasury says
March 4, 2013 6:48 AM
John Koetsier
Microsoft owes the Danish treasury 5.8 billion kroner, or about $1 billion U.S., in unpaid taxes relating to its purchase of financial software vendor Navision in 2002, says the Denmark government.
Facebook’s amazing disappearing tax trick
February 26, 2013 2:00 PM
Dylan Tweney
Facebook's IPO managed to turn a rather hefty tax bill into a huge tax refund -- retroactively. How? By granting stock options to employees.
Backfire: Dropping U.S. citizenship could cost Facebook co-founder Saverin $43M
June 4, 2012 1:54 PM
Cody Barbierri
Talk about a backfire. Controversial Facebook co-founder Eduardo Saverin, who recently renounced his U.S. citizenship and came under fire for supposedly skipping out on U.S. taxes, might actually end up owing more money — an estimated $43 million.
Back in …
Senator tells critics to stop treating Facebook’s Eduardo Saverin as a ‘patron saint’ for dodging taxes
May 24, 2012 10:02 AM
Tom Cheredar
Senator Chuck Schumer (D-N.Y.) hijacked the senate floor today to address critics of his recently proposed Ex-PATRIOT act legislation, which would impose new taxes on people who give up their U.S. citizenship to avoid taxes and bar them from re-entering …
Senators want to block Facebook’s Saverin from reentering the U.S (update)
May 17, 2012 7:48 AM
Tom Cheredar
Sparked by Facebook co-founder Eduardo Saverin’s renouncement of citizenship, two U.S. Senators are planning to unveil a new plan focused on preventing the super rich from dodging taxes.
Saverin has been taking quite a bit of heat over dropping his …
Just like Eduardo, nearly 1,800 people renounced U.S. citizenship this year over taxes
May 11, 2012 2:26 PM
Jolie O'Dell
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 …
Eduardo Saverin renounces U.S. citizenship ahead of Facebook IPO
May 11, 2012 11:11 AM
Jennifer Van Grove
In a blow to Uncle Sam, Facebook co-founder Eduardo Saverin has renounced his U.S. citizenship ahead of the company’s hotly anticipated initial public offering.
Facebook is expected to make its public stock market debut on May 18. The company priced …
Apple saves billions in taxes through very creative accounting, says NYT
April 28, 2012 10:27 PM
Devindra Hardawar
As one of the most profitable companies in the world, it’s hard not to think that Apple would try to reduce its taxes wherever possible. But according to a detailed report today by the New York Times, the company is …
New York vs. Sprint: State sues for $300M over unpaid taxes (updated)
April 19, 2012 8:43 AM
Devindra Hardawar
New York Attorney General Eric Schneiderman announced this morning that the state has filed suit against Sprint Nextel for more than $300 million over tax fraud concerns.
He claimed that Sprint deliberately failed to charge customers more than $100 million …
53M Americans visited tax sites in February
April 11, 2012 7:00 AM
Jennifer Van Grove
More than 53 million Americans, or roughly one in four active web users, visited tax-related websites in February for help with their returns.
Altogether, Americans raked up 1.4 billion pageviews in February across the top tax sites, according to analytics …
Stop procrastinating and do your taxes already! (With these mobile apps)
April 8, 2012 8:38 AM
Devindra Hardawar
Editor's Pick
It’s April 8 and I haven’t started on my taxes yet. They’re due in about a week, but a combination of travel, the workload here at VentureBeat, and the general fear of what I owe have kept me from taking …
As taxes loom, Outright parses point of sale data for small businesses (exclusive)
March 28, 2012 9:54 AM
Meghan Kelly
It’s tax season, and you can almost smell the sweat dripping from nervous small business owners’ noses. Accounting software maker Outright wants to be the sweatband by connecting a data hose to your website’s point of sale product.
“We’re going …
