Business

Microsoft fights $29 bn US back tax claim

The US Internal Revenue Service is asking that Microsoft pay a whopping $29 billion in unpaid taxes from 2004 to 2013, the company said in an official filing on Wednesday.

Business

Bluetooth inventors get OK to use Viking king's name

To the backdrop of the vast Jelling stones, Denmark on Tuesday granted the inventors of Bluetooth technology permission to use the name and symbol of Harald the Bluetooth for the next 1,000 years .

Business

France says tax on tech giants 'blocked' in global talks

International talks aimed at taxing global tech giants that only declare profits in a few jurisdictions have hit a standstill due to opposition from countries including the US and India, France's finance minister said Monday.

Business

G20 endorses historic global tax reform

G20 finance ministers on Saturday gave their backing to a historic deal to overhaul the way multinational companies are taxed, and urged hold-out countries to get on board.

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Cooperation

Cooperation or co-operation is the process of working or acting together. In its simplest form it involves things working in harmony, side by side, while in its more complicated forms, it can involve something as complex as the inner workings of a human being or even the social patterns of a nation. It is the alternative to working separately in competition. Cooperation can also be accomplished by computers, which can handle shared resources simultaneously, while sharing processor time.

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