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Apparently it's OK for US-based multinationals to 'minimise' their overseas corporation tax as long as the dosh eventually finds its way back to the IRS. So Apple seems to have got caught out in no(tax)man's land. By I.D. Scales. (2)
News added 3 days ago in TelecomTV One by TelecomTV One
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Last week, Google was pilloried by the British Parliament for its tax avoidance schemes. Now an ex-Google exec has come forward to say that he has a cache of more than 100,000 emails and other documentation showing that the Cookie Monster has routinely "pulled the wool over the eyes of the HMRC (the national tax authority) and the British public". By Martyn Warwick. (1)
News added 4 days ago in TelecomTV One by TelecomTV One
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More bad news for the Finnish phone maker. By Anne Morris. (0)
News added 5 months ago in TelecomTV One by TelecomTV One
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2012 ended with a growing sense of unease over the tax activities of several global corporations. As Vodafone becomes the latest ICT to have its affairs scrutinised, will 2013 see the practice of aggressive tax mitigation backfire as consumers take their business elsewhere? Guy Daniels reports. (0)
News added 5 months ago in TelecomTV One by TelecomTV One
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As the net closes around the multinationals that avoid paying corporation taxes, Google is accused of saving $2bn by routing income through a “Double Irish Dutch Sandwich”, paying tax of just 3.2 per cent on its overseas profits. Guy Daniels reports. (2)
News added 6 months ago in TelecomTV One by TelecomTV One
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The CTIA is once again taking up a perennial lobbying issue by pushing for a five-year moratorium on new state and local wireless taxes. By Phil Goldstein (0)
News added Over 6 months in TelecomTV One by TelecomTV One
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Vodafone may just escape its tax charge, according to press reports. By Paul Rasmussen (0)
News added Over 6 months in TelecomTV One by TelecomTV One
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Removing VAT on mobile sales in Kenya has increased sales and benefited the economy through higher GDP, says the GSMA, but other taxes threaten to undo all the good work. Guy Daniels reports. (0)
News added Over 6 months in TelecomTV One by TelecomTV One
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The military junta that runs the poverty-striken African country of Niger has had the brilliant idea of raising some special telecoms taxes. (0)
News added Over 6 months in TelecomTV One by TelecomTV One
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Vodafone is being targetted by a bizarre pro-tax movement with activists marshalled by the very technology that made the money, that (allegedly) avoided the tax in the first place. By Ian Scales (0)
News added Over 6 months in TelecomTV One by TelecomTV One
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Codgertations has been specially designed as part of a palliative care programme for industry veterans (old codgers) Martyn Warwick and Ian Scales to cogitate and ruminate on the week's best, worst and most amusing stories in telecoms.

 

This week... a business model you can't refuse as the mafia take the sparkle out of Telecom Italia; upsetting the apple cart - iPad is delayed in Europe and Apple talk of shiny handcuffs for developers; and, the generalisation of Dr. Googlestein.

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Video added Over 6 months in Talking Telecoms by TelecomTV One
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When governments are short of money they often look around the economy to see where it's being enthusiastically spent and then muscle in to grab a cut. So the US communications industry was more annoyed than surprised when the IRS (the US Internal Revenue Service) recently proposed to update a 1989 tax that counted a proportion of corporate mobile phone usage as if it were a perk. It's a call that's been soundly rejected, reports Kirk Laughlin. (0)
News added Over 6 months in TelecomTV One by TelecomTV One
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In a country that has seen its fair share of erupting volcanoes, people power and typhoons, an even bigger storm is brewing in the Philippines over the government's plan to impose a telecoms transaction 'fee' and to introduce what can only be described as a revenue assurance device to make sure it's collected. (0)
News added Over 6 months in TelecomTV One by Ian Scales
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Maybe the vague notion that texting is a slightly disreputable activity and should therefore be discouraged is the reason the idea of taxing it keeps beeping its way onto the political agenda. It's clearly not as bad as drinking, gambling, smoking or even driving of course, but it's on the spectrum. (0)
News added Over 6 months in TelecomTV One by TelecomTV One