As Student Loan Debt Hits All-Time High, One Startup Receives 0K to Cut … – BostInno (blog) As Student Loan Debt Hits All-Time High, One Startup Receives $ 250K to Cut …BostInno (blog)Derek Kaknes, founder and CEO of Prime Student Loan, acknowledges “the system is broken.” Since June 2012, he has made it his mission [...]
Seven thrilling facts about carbon taxes from the CBO – Washington Post (blog) Seven thrilling facts about carbon taxes from the CBOWashington Post (blog)A carbon tax, you may recall, would impose a fee on oil, gas and coal. The idea is that this would help tackle global warming by raising the price of emitting carbon-dioxide. [...]
6-step guide to dodging taxes just like Apple – Fortune (blog) 6-step guide to dodging taxes just like AppleFortune (blog)Tax avoidance works beautifully — and legally — for Apple and other multinationals. Why not make it work for you? apple-generic-logo-monster FORTUNE — It's faddish — and fun — these days to talk about the income [...]
Morning Bell: What Did Apple Do Wrong? – Heritage.org (blog) Morning Bell: What Did Apple Do Wrong?Heritage.org (blog)Because the company makes money overseas, and some Senators want to get their hands on the cash. A Senate subcommittee accused the company of “shifting” profits from the U.S. to other countries and avoiding paying taxes. But Apple [...]
Apple saved billions in taxes by using Irish subsidiaries, report says – NBCNews.com (blog) Apple saved billions in taxes by using Irish subsidiaries, report saysNBCNews.com (blog)As Apple CEO Tim Cook awakens Tuesday morning to prep for a hearing on Capitol Hill about corporate taxes, the lawmakers set to question him are armed with a report [...]
How Apple sidestepped US taxes: The Senate’s version – Fortune (blog) How Apple sidestepped US taxes: The Senate's versionFortune (blog)One of Apple's more unusual tactics has been to establish and direct substantial funds to offshore entities in Ireland, while claiming they are not tax residents of any jurisdiction. For example, Apple Inc. established an offshore [...]
The IRS controversy isn’t about taxes. It’s about disclosure. – Washington Post – Washington Post (blog) The IRS controversy isn't about taxes. It's about disclosure. – Washington PostWashington Post (blog)At some level, the scandal around the IRS's targeting of conservative 501(c)4 groups has nothing to do with taxes. That may sound weird – 501(c)4 is [...]
Live Blog: Apple and Corporate Taxes – New York Times (blog) Live Blog: Apple and Corporate TaxesNew York Times (blog)In response to questions about offshore tax allocations, Mr. Cook says that everything Apple sells in the United States is taxed in the United States. Mr. Bullock reiterates that 100 percent of anything sold in the [...]
Apple’s ‘Complex Web’ Helped It Avoid Taxes, Panel Finds – NPR (blog) Apple's 'Complex Web' Helped It Avoid Taxes, Panel FindsNPR (blog)"Apple's claim[ed] … three key offshore companies are not tax residents of Ireland, where they are incorporated, or of the United States, where Apple executives manage and control the companies. One of those Irish [...]
Pima County to host free credit repair workshop – Arizona Daily Star – Arizona Daily Star (blog) Pima County to host free credit repair workshop – Arizona Daily StarArizona Daily Star (blog)Many of us have faced financial difficulty over the past few years. And many face a lower credit score as a result. To address [...]