Tags » International Tax

Ireland, Apple, and State Aid

Maybe you heard: Apple owes up to €13 billion in back taxes, plus interest, to Ireland. And maybe you also heard that Ireland doesn’t want Apple to pay. 971 more words

Tax Policy

EU set to rule Apple Inc's Ireland deal as illegal

The European Union anti-trust regulators are set to rule the business arrangement of US based technology giant Apple Inc. The which is expected to be delivered on Tuesday (August 30, 2016) is likely to cost Apple in the range of USD 200 mn to USD 19 bn in back taxes. 108 more words

International Tax

Walmart and Puerto Rico

By: David J. Herzig

Everyone knows by now the dire financial problems facing Puerto Rico.  (My co-blogger Shu-Yi Oei wrote about the default in Surly… 1,015 more words

With Cyprus treaty cleared, govt faces conundrum on tax refund

With the cabinet clearing the India-Cyprus treaty, paving the way for the removal of the Mediterranean island nation from an Indian blacklist, the tax department is faced with the difficult task of setting up a mechanism to refund excess tax deducted since 2013. 521 more words

International Tax

So who is behind the scene..really!

On August 24th, the Financial Crimes Enforcement Network (FinCen) issued a guidance that requires private banks, credit unions and trust companies to identify the beneficial owners of legal entities and the people who control these entities. 208 more words

Cyprus Government approves tax incentives package to boost the Start-up sector

The Cyprus Government has approved a package of tax incentives to boost the start-up sector and innovation in Cyprus, as the Undersecretary to the President, Constantinos Petrides, announced on Wednesday, 29 July 2016. 249 more words

International Tax

Revised DTAA between India and Cyprus cleared by the Union Cabinet

The Union Cabinet on Wednesday, August 24, 2016 has approved the new India-Cyprus Double Taxation Avoidance Agreement (DTAA) that provides for source state taxation of capital gains arising from the alienation of shares. 216 more words

International Tax