Israel Startup Nation Raises More Than $2 Billion for New Tech Companies in April
Joel Bar-El and Dror Feldheim, Trax promo pic In total, Startup Nation brought in $2.2 billion in new funding in just the month of April alone. Three new companies hit unicorn status, a valuation of more than More...
Trump Plans a New Tax Cuts for the Rich
Trump Plans a New Tax Cuts for the Rich: $100 Billion Cut Means No Taxation (Reform) Without Representation? Tell Trump as the George H.W. Bush Administration said that the United States Treasury does not have More...
Apple must pay back Ireland illegal Tax benefits Worth $14.5 billion, WHO IS NEXT?
After two years of investigation The European Commission ruled that Ireland granted undue tax benefits of up to €13 billion to Apple is illegal under EU state aid rules. The deal allowed More...
Khodorkovsky’s ECHR Damage Compensation Transferred to Russian Federal Budget
Even though former Yukos head Mikhail Khodorkovsky never asked for compensation, the European Court of Human Rights (ECHR) in 2013 awarded him 10, 000 euros as compensation for alleged moral damages and More...
Brazilian banker Joseph Safra charged in bribery scheme
Brazilian prosecutors have charged the world’s richest banker, Joseph Safra, for allegedly agreeing to pay more than $4 million in bribes to tax auditors to reduce or annul fines on unpaid taxes. The More...
The Real Value of Taking Your Business Offshore
Over the last two decades, an increasing number of companies have set up subsidiaries in offshore financial centres. So why don’t they move the entire business, and establish headquarters there too? While More...
Kazakh Muslim leader proposes sex tax
If you are thinking about having sex anytime soon in Kazakhstan, you are advised that you may be taxed — if a sex tax proposal goes the nod. According to RT.com, the leader of a Muslim group in Kazakhstan More...
Bank of Israel slams tax cuts
Bank of Israel governor Karnit Flug opposed the tax Reductions. “surplus tax receipts should be used to reduce public debt, not to stimulate private consumption.”, she announced. Read More...
Tax Authority introduces online real estate deal reporting
The Israel Tax Authority is trying to streamline its bureaucratic procedures for real estate transactions. Yesterday, Tax Authority head Moshe Asher officially announced the option of submitting reports More...
Walmart Accused of Hiding $76 Billion from Taxes in the U.S. in Hidden Overseas Accounts
– – According to a report by Americans for Tax Fairness, America’s largest retailer, Walmart, has hidden $76 billion from U.S. taxes in overseas accounts. The report states that Walmart More...