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Cameron to warn EU summit over tax

2013-05-22 06:15:44| BBC News | Business | UK Edition

David Cameron is to urge EU leaders to back action against the tax evasion and "aggressive" tax avoidance he says is costing all nations.

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Senators Grill Apple Execs Over Tax Scheme

2013-05-22 01:34:43| PC Magazine Cell Phones Product Guide

Apple's top brass faced off against a Senate panel today over tax practices that members of Congress claim has robbed the U.S. Treasury of billions in revenue.

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HMRC to miss tax credit fraud target

2013-05-22 01:16:48| BBC News | Business | UK Edition

The UK tax authority's failure to hit a target of reducing tax credit fraud and error has "cost the taxpayer dear", a committee of MPs says.

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VIDEO: Apple chief hits back in tax row

2013-05-21 18:31:10| BBC News | Business | UK Edition

CEO Tim Cook has spoken out in defence of Apple, after a Senate committee accused the company of using "a complex web of offshore entities" to avoid paying billions of dollars in US income taxes.

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Congressional Investigation Scopes Apple's Web of Tax Havens

2013-05-21 18:27:33| TechNewsWorld

A series of subsidiaries spanning numerous countries have helped Apple avoid billions in United States taxes, congressional investigators reported Monday. Sen. Carl Levin, D-Mich., head of the Senate Permanent Subcommittee on Investigations, which is looking into Apple's suspected transgressions, said that Apple "sought the holy grail of tax avoidance."

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