One of the (many) villains in “Walled Culture” the book (free ebook versions) is the publishing industry, specifically in the context of the transition from analogue books to ebooks. Wh…

The average US tariff rate—the tax the government levies on the value of imported products—is higher for women’s underwear than it is for men’s. Most other countries have a flat tariff …

Nashville’s mayor promised that people who live in Music City won’t pay for a new Titans stadium, but some Metro councilmembers are concerned a bill filed by GOP lawmakers could make th…

What would you do if you inherited millions of dollars? Would you reimburse your debts? Go on a travelling spree? Or lobby your government to take it away from you in the name of tax justice? Austrian heiress #MarleneEngelhorn was left with millions of euros from her family #business. But as co-founder of the organisation Tax Me Now, she wants the government to take around 90 percent of her wealth through a more equitable taxation system.

The giant MICROSOFT has avoided billions in taxes in Britain, Australia and New Zealand, all countries where it has lucrative public sector contracts, because of its complex corporate structure which uses Irish subsidiaries, a study published today claimed.

A Spanish court on Tuesday formally ordered Colombian superstar Shakira to stand trial on accusations that she failed to pay 14.5 million euros ($14.31 million) in income taxes, a court document released on Tuesday showed.

Supporters of a mandatory investment by online entertainment platforms into the Swiss film industry are heading for victory in Sunday’s referendum.

Amazon.com Inc.’s main European retail business reported 1.2 billion euros ($1.2 billion) of losses in 2021, which allowed the company to pay no income tax and receive 1 billion euros in tax credits, corporate filings seen by Bloomberg show.

Massive leak reveals Swiss bank’s accounts have been used by an array of high-risk clients over several decades

The Internal Revenue Service has announced that it will transition away from the use of third-party facial recognition services for the verification of taxpayers’ identities, effectively ending a contract with facial recognition company ID.me that had received widespread criticism.

Millions of Americans will soon have to scan their faces to access their Internal Revenue Service tax accounts, one of the government’s biggest expansions yet of facial recognition software into people’s everyday lives. Taxpayers will still be able to file their returns the old-fashioned way. But by this summer, anyone wanting to access their records — including details about child tax credits, payment plans or tax transcripts — on the IRS website will be required to record a video of their face with their computer or smartphone and send it to the private contractor ID.me to confirm their identity.

Paying your taxes online in the US is about to get a whole lot more difficult as the IRS has revealed that taxpayers' existing credentials will no longer work beginning this summer. Instead, the government agency is partnering with a third-party identity verification service called ID.me that requires users to submit copies of bills and other identity documents though they will also have to submit a live video feed of their faces using a mobile device.

The pandemic has shone a spotlight on how inequality kills. As inequalities in income, wealth and access to health care have accelerated, the world's most economically precarious people have suffered far more than their fair share of death and economic loss. As a new Oxfam report points out, inequality contributes to the deaths of more than 21,000 people each day.

As of Jan. 1, mobile payment apps like Venmo, PayPal, Zelle and Cash App are required to report commercial transactions totaling more than $600 per year to the Internal Revenue Service. The change to the tax code was signed into law as part of the American Rescue Plan Act, the Covid-19 response bill passed in March. Previously, these mobile payment apps only had to tell the tax authorities when a person had over 200 commercial transactions per year that exceeded $20,000 in total value, the IRS said.

The IRS is cracking down on payments made through third-party apps, requiring platforms like Venmo, PayPal and Cash App to report transactions if they exceed $600 in one year.

At his 2015 Southwest Believers’ Convention in Fort Worth, wealthy Texas televangelist Kenneth Copeland explained how he wound up living in a mansion. It all started when God told him years earlier to build that dream home his wife Gloria had described to him. “Minister this house to her,” he recalled the almighty saying. “It is part of your prosperity.”

If you own or trade cryptocurrencies, you'll eventually have to figure out how to pay taxes on them.

The historic deal is designed to make big corporations pay a fairer share of tax around the world.

Amazon boss Jeff Bezos is not going to pay his taxes “as an act of kindness” and it is up to governments to make sure that big business operators like him pay what is due, Boris Johnson has said. The prime minister confronted the world’s richest man over Amazon’s tax bill when the pair met on the margins of the United Nations general assembly in New York on Monday.

A new report from Brown University's Costs of War project is a reminder that cost concerns around the reconciliation bill just don't add up.