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tax

Rees-Mogg Slams May’s NHS Tax Hike

Leading pro-Brexit Tory MP Jacob Rees-Mogg has slammed Theresa May’s government for seemingly breaking an election promise and moving towards tax hikes to fund the UK’s socialised healthcare system.

Jacob Rees-Mogg

Paradise Papers Reveal Apple’s Secret Tax Hideout

The recently released Paradise Papers, which detail the tax affairs of some of the world’s wealthiest people, have revealed the offshore sites used by Apple to avoid paying billions in taxes.

Apple CEO Tim Cook has announced plans to build an app design facility in the southern Indian city of Bangalore

EU Orders Amazon to Pay £260 Million in Back Taxes

BRUSSELS (AP) — Amazon has to pay $295 million in back taxes to Luxembourg, the European Union ordered Wednesday, in its latest attempt to tighten the screws on multinationals it says are avoiding taxes through sweetheart deals with individual EU states.

Amazon

Illegal Immigrants Filing Tax Returns Dropping under Trump

While Americans are scrambling to meet the 2016 tax filing deadline, the number of illegal immigrants submitting their returns in the present climate are reportedly down significantly. Also, a Treasury Inspector General for Tax Administration (TIGTA) report exposing significant refund fraud has “most certainly contributed to it,” says the taxpayer advocate department within the IRS.

The exterior of the Internal Revenue Service building in Washington March 22, 2013. (Susan Walsh/AP)