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Senate report: Apple claims subsidiaries to avoid paying billions in taxes each year

2013-05-21 12:51:08| InfoWorld: Top News

Apple has set up three foreign subsidiaries that the company claims are not resident in any nation for taxing purposes, in an effort to avoid paying tens of billions of dollars in taxes to the U.S. and other countries, according to a new report from a U.S. Senate subcommittee. Apple has set up a "complex web" of offshore entities to avoid paying taxes, with some subsidiaries set up in low-tax Ireland, according to a report released Monday by the investigations subcommittee of the Senate Homeland Security and Governmental Affairs Committee.

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US regulators fine RBS subsidiaries

2013-04-30 21:12:15| BBC News | Business | UK Edition

RBS Group's US subsidiaries reach settlements worth $14m (9m) with bank regulators after failing to comply with consumer protection laws.

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Acacia Subsidiaries Enter into Settlement Agreement with Toshiba Corporation

2013-04-12 16:34:52| Electronics - Topix.net

Corporation announced today that its Advanced Data Access LLC subsidiary, its Smart Memory Solutions LLC subsidiary and its Smart Foundry Solutions LLC subsidiary have entered into a settlement agreement with Corporation.

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Acacia Subsidiaries Enter into Settlement Agreement with Toshiba Corporation

2013-04-12 12:52:03| Semiconductors - Topix.net

Corporation announced today that its Advanced Data Access LLC subsidiary, its Smart Memory Solutions LLC subsidiary and its Smart Foundry Solutions LLC subsidiary have entered into a settlement agreement with Corporation.

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Acacia Subsidiaries Enter into Settlement Agreement with Micron

2013-03-22 10:31:47| Electronics - Topix.net

Acacia Research Corporation announced today that its Advanced Data Access LLC subsidiary, its Smart Memory Solutions LLC subsidiary, and its Semiconductor Technology LLC subsidiary have entered into a settlement and license agreement with Micron Technology, Inc., Micron Semiconductor Products, Inc., and Micron Technology Texas, LLC.

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