Automotive

Deal for $5.5B Hyundai plant in Georgia nears final approval

The local economic development agency that worked with Georgia officials in recruiting Hyundai Motor Group to build a $5.5 billion electric car plant near Savannah approved its portions of the deal Tuesday, though details ...

Business

Intuit to pay $141M settlement over 'free' TurboTax ads

The company behind the TurboTax tax-filing program will pay $141 million to customers across the United States who were deceived by misleading promises of free tax-filing services, New York's attorney general announced Wednesday.

Business

Software company founder McAfee charged with tax evasion

Antivirus software entrepreneur John McAfee has been charged with evading taxes after failing to report income made from promoting cryptocurrencies while he did consulting work, made speaking engagements and sold the rights ...

Business

Indonesia planning 10% tax on foreign digital services

Indonesia will slap a 10 percent value-added tax on the digital offerings of foreign companies from July 1, the finance ministry said, a levy that could apply to internet giants such as Spotify and Netflix.

Business

Canada to follow France lead in taxing digital giants

Canada will impose a levy on internet giants such as Amazon, Google and Facebook similar to France's digital services tax that created tensions with Washington, two ministers said Monday.

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