Tagged: taxes

Pfizer dodging $35B in taxes

U.S. pharmaceutical giant Pfizer (PFE) is trying to dodge an estimated $35 billion in taxes by merging with Ireland-based rival Allergan and shifting its headquarters overseas, a coalition of labor and consumer groups charged...

Apple busted for not paying China taxes

Apple paid China more than $80 million in back taxes and fines after severely understating its sales in the country. China’s Ministry of Finance announced this week that Apple failed to account for 8.8...

Why the NFL Suddenly Wants to Pay Taxes

America’s richest sports league relinquishes its non-profit status. How much will Uncle Sam benefit? The NFL announced Tuesday that it’s voluntarily relinquishing its tax-exempt status. Here’s what you need to know about the move....

Why Politicians Keep Jacking Up Taxes on Travelers

Why Politicians Keep Jacking Up Taxes on Travelers

Politicians are addicted to taxes that they swear aren’t really taxes—not ones paid by locals anyway. In the near future, one of the many taxes paid by air travelers could double. In the aftermath...