In the coming 12 months, four of Europe’s five largest economies have major referendums or elections. During these European elections, anti-immigrant parties are likely to score substantial gains and further weaken the European political establishment.
The sharing economy doesn’t share the wealth. For instance, Airbnb’s more than forty subsidiaries may help the company lower its tax bill in the United States and other countries. Several countries are trying to crack down on corporate tax avoidance.
The Impossible Project aims to revive the business of making instant film and cameras that once put Polaroid at the top of the tech world.
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Google somehow pays an effective tax rate of about 7 percent on its non-U.S. income. How does it (and other internet companies) keep this rate so low?
A number of multinational corporations have come under scrutiny in Europe and the US over tax strategies that minimize taxes paid. While there are a variety of mechanisms for tax avoidance, the basic idea involves shifting costs to locations with high corporate tax rates, and revenue to locations with low corporate tax rates. While the European Union and national governments are changing laws to make tax avoidance harder, firms such as Google are still able to shift profits to countries with the lowest tax rates.
High prices for milk last year caused farmers in many countries to invest in increased production.This year, with markets slowing in China and trade tensions with Russia, global trade in dairy products is down. Hence, dairy farmers worldwide are in a tough financial bind.
How has Wal-Mart reduced its tax burden in recent years?
How has McDonald’s decided to respond to a decline in share price?
After success in Scandinavia and Britain, Netflix sets its sights on Germany and France.
What plans does Netflix have for expansion in Europe?
After tremendous doubt about Brazil’s ability to make it happen, the World Cup wins. The match between the U.S. and Portugal on ESPN drew 18.2 million viewers, a record for soccer. Brave World Cup sponsors could not be happier.
How much of their profits have U.S. multinational corporations parked overseas, and is anything being proposed to fix this problem?
Believe it: Use of Big Data is helping a floral delivery business improve its bottom line.
Is it possible to significantly reduce the budget deficit by cutting loopholes?
Despite a surge of anti-immigrant feeling in some countries, most have stayed put. How can employers use them within the law?
Is the global oil supply endless?
Obama's plan to bring home more revenue from multinationals is more complex than meets the eye.