In a policy statement, the American Academy of Pediatrics wants more strategic approaches to decrease the excessive consumption of high-sugar drinks among children. These include higher excise tax on the beverages and decreased marketing efforts targeting the young ones.
Public Health March 27, 2019
Online shoppers could pay more upon checkout if the U.S. Supreme Court overturns a 26-year-old rule on sales taxes. The court is due to hear a case against retailers that have not been collecting sales tax from customers.
Life & Style April 16, 2018
Apple has to pay $16 billion in back taxes to Ireland as the European Commission had said it received unfair, preferential treatment. The company will start paying around March, but it's still appealing the E.C.'s ruling.
Apple January 18, 2018
Uber has lost another battle in Australia, as a federal court ruled that it's a taxi service and its drivers are taxi drivers. This, in turn, could lead to an increase in Uber fare prices to offset additional costs.
Business Tech February 20, 2017
As fears of robots replacing human labor grow, Bill Gates has expressed that like their human counterparts, bots should also be liable to pay income tax. Gates believes that companies should be ready to face repercussions of such moves.
Robotics February 18, 2017
Apple was ordered by the European Commission to pay $14 billion in taxes. Ireland is not happy about the decision and will lodge an appeal along with Apple to protect the country's tax regime.
Apple December 19, 2016
A new WHO report presents the possibility of lowering sugary drinks consumption through their taxation, contributing to the reduction of type 2 diabetes and tooth decay.
Public Health October 11, 2016
If Proposition 56 be voted into law come November, then California will become the fifth U.S. state to tax e-cigarettes. The collected the tax money will be allocated to fund health care, tobacco use prevention, research and law enforcement.
Public Health October 11, 2016
The IRS filed a petition in U.S. District Court to have Facebook comply with its request to hand over records regarding its asset transfer to Ireland.
Business Tech July 8, 2016
Google is being investigated for tax evasion and fraud in Spain, after the company’s offices in Paris were also raided. Google is under scrutiny from tax authorities, as previous inquiries showed that it underreports its profits in Europe.
Google June 30, 2016
Cupertino Mayor Barry Chang said Apple should pay the city more taxes. He further said the iPhone maker should have its share of responsibility for the city.
Business Tech May 6, 2016
The White House recently released the 2015 tax returns before the final filing date, and with it, came the Obama family’s income and tax details. From a reported income of $436,065, President Obama and wife Michelle paid out 18.7 percent as taxes, which came to $81,472.
Society April 18, 2016
The multibillion dollar deal between Pfizer and Allergan is off the table. The new corporate inversion rules of the IRS and the Treasury Department may have a hand on it.
Deals April 6, 2016
The Internal Revenue Service experienced computer hardware failure, causing some systems to shut down. IRS is already assessing the extent of the outage and is dealing with the tax community at this time.
Business February 4, 2016
Google has agreed to pay back the UK Government £130 million or $185 million in taxes, putting an end to its tax evasion practices in the country thanks to an agreement with the British treasury.
Legal January 25, 2016
Americans would rather pay IRS penalties than spend on health insurance coverage. Most prefer paying for medicine and doctors' fees out of pocket than paying monthly dues for insurance.
Life January 5, 2016
This amount is only a third of what the country was reportedly owed.
Money December 30, 2015
Australian Federal Police raided the home and office of a tech businessman for a tax investigation hours after publications suggested he could be the bitcoin founder known by the pseudonym of Satoshi Nakamoto.
Legal December 9, 2015
The Facebook CEO addresses criticism that he only decided to donate most of his Facebook shares throughout his lifetime to avoid taxes.
Business December 4, 2015
Rates of childhood obesity in the UK continue to grow. To curb the problem, British lawmakers suggest tough recommendations, including putting 20 percent tax on sugary drinks.
Life December 2, 2015
People with overdue taxes will have to give up their U.S. passports soon. In a proposed law, the Internal Revenue Service will compile the names of people with great tax debts so the state department can impose penalties, such confiscating passports.
Society November 23, 2015
Airbnb's latest string of billboard ads in San Francisco touted the municipal resources, like public libraries and parks, their taxes went to - with passive-aggressive phrasing that offended and riled up the city's denizens.
Business October 22, 2015
The decline in DVD and CD sales has caused several states to look for ways to make up for lost tax revenue. That includes possibly taxing streaming subscriptions and cloud computing.
Money August 21, 2015
Customers in Chicago will now have to pay a nine percent tax to use cloud services and streaming content.
Internet July 1, 2015
Australians will have to pay taxes on digital products such as movies, music, books and software as part as a new legislation dubbed the 'Netflix tax.'
Internet Culture May 11, 2015
Americans don't usually look forward to Tax Day. However, with so many awesome deals, sales and freebies available in honor of the day, you can't help but like it a little.
Feature April 15, 2015
These days, everyone knows that April 15 is the day Americans have to file and pay their taxes by. But how did the U.S. government settle on this deadline?
Internet Culture April 14, 2015
We all know that April 15 is the day you have to file your taxes by. However, if you find yourself unable to meet that deadline, here's what you should do.
Feature April 11, 2015
With tax time rolling around, there are a number of good online services ready to help users with tax filing needs. While sites like H&R Block and TurboTax offer good services, there are some good resources that don't get as much as attention or don't demand high fees or software purchases.
Apps/Software February 2, 2015
The launch of the service Direct2Cash aims to have more shoppers enter Wal-Mart and use the tax refunds that they receive in cash to shop in the store.
Business January 22, 2015
Nintendo has announced that it will no longer be distributing games and consoles in Brazil due to high tariffs and fees imposed by the country.
Video Games January 12, 2015
Soda is about to get a lot more expensive. A new tax in Berkeley, CA means that the soft drink industry may be changing for good.
Internet Culture November 5, 2014
It turns out, $100 is a very different amount of money depending on where you live in the U.S. Here's how to find out what it's worth in your state.
Internet Culture August 19, 2014
A study reveals that raising taxes for tobacco products worldwide will not just cause people to stop smoking, but also prevent people from picking up the habit, causing tobaco-related deaths to plummet.
Life January 2, 2014