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.
Oct 12, 2023
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Business
News tagged with economic cooperation
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.
Feb 20, 2023
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Business
The next generation of American manufacturing is high-tech, and skilled workers are needed
The U.S. Navy is beginning to build 12 top-of-the-line nuclear submarines , with the first one scheduled to be completed by 2027. But it is missing a critical ingredient: many of an estimated 50,000 skilled workers to get ...
Jan 5, 2023
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Energy & Green Tech
EU studies ways to rival vast new US subsidies on greener tech
EU leaders on Thursday tasked the European Commission with coming up with ways to vie with huge US subsidies on greener tech such as electric vehicles to protect the bloc's industrial base.
Dec 16, 2022
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Automotive
Traffic jams just a maths problem, says Israeli AI firm
Israel's traffic congestion ranks near the worst among developed economies but an algorithm can help, says one of the country's IT firms engaged in the auto and mobility sector.
May 29, 2022
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Energy & Green Tech
How solving Central Asia's water-energy conflict can also boost renewable energy generation
Researchers from the IIASA Energy, Climate, and Environment Program found that agricultural efforts in downstream countries in Central Asia, traditionally hampered by a lack of water for irrigation during the summer growing ...
May 4, 2022
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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.
Jul 10, 2021
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Business
France, Germany push for 'historic agreement' on global corporate tax rate
France and Germany pushed for a "historic" agreement among major economies on a minimum tax rate for multinational corporations Wednesday, hoping to shore up support after sceptical European countries expressed opposition ...
May 27, 2021
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Business
Google flags higher ad rates in France, Spain after digital tax
Google has told customers that it will raise the rates for advertisements on its French and Spanish platforms by two percent from May to help offset the impact of a digital tax on profits.
Mar 5, 2021
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Business
Canada and Australia to coordinate on tech regulation: Ottawa
Canadian Prime Minister Justin Trudeau and his Australian counterpart Scott Morrison plan to coordinate their efforts to make tech giants pay media outlets for their content, Ottawa said Tuesday after a conversation between ...
Feb 24, 2021
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