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.

Energy & Green Tech

Majority of Texans back shift to solar energy

Two years after Winter Storm Uri wreaked havoc on Texas' power grid, a majority of Texans support expanding the country's reliance on solar and other alternative sources of energy, according to the most recent survey report ...

Automotive

New electric vehicle tax credits raise talk of trade war

A new tax credit for U.S. buyers of qualifying electric vehicles made in North America has ignited the specter of a trade war as a domestic imperative of the Biden administration and Democrats collides with the complex realities ...

Automotive

Toyota joins opposition to proposed US EV tax credit

Toyota urged Washington on Tuesday not to "play politics" with environmental issues by offering tax credits for US-made electric vehicles, joining a chorus of foreign opposition to the issue.

Business

Amazon wins EU court appeal in Luxembourg tax case

Amazon scored a major legal victory on Wednesday when an EU court annulled an order from the bloc's powerful antitrust authority that Luxembourg recoup 250 million euros ($295 million) in back taxes.

Business

Apple boosts US investment pledge to $430 bn

Apple announced Monday it plans to boost its investment plans in the United States to $430 billion over the next five years, saying this would add some 20,000 jobs.

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