This story originally appeared on Canada’s National Observer and is part of the Climate Desk collaboration. A plan to charge Toronto homeowners and businesses for paved surfaces on their properties is creating a public backlash, a deluge of negative international media attention, and even derisive comments from Donald Trump Jr. The outcry reached such a […]
Read MoreIn 2022, the President of the United States, Joe Biden, signed the CHIPS and Science Act, to boost the manufacturing of semiconductors in the US. Under this act, the US government is supposed to offer $52.7 billion in grants to companies building foundries in the country. Looking at the lucrative incentive, Samsung started building a […]
Read MoreApple has suffered a setback in its €13 billion ($14 billion) tax dispute with Brussels after an advisor to the EU’s highest court said the company’s victory in an earlier ruling should be thrown out (via Financial Times). Giovanni Pitruzzella, advocate-general of the European Court of Justice (ECJ), said on Thursday that Apple’s win in […]
Read MoreEngaged Xbox fans have criticized Xbox Live and the monthly Games with Gold offerings for years. Compared to the impressive catalog included with Xbox Game Pass, Xbox Live felt like an outdated relic that actively countered Microsoft’s unifying ‘play anywhere’ approach. However, in a bittersweet announcement earlier today, the company officially announced that Xbox Live […]
Read MoreThe Indian government offers tax benefits to foreign companies that choose to manufacture their products locally and invests capital in India. It’s called the Production-Linked Incentive scheme and alleviates some of the tax imposed on companies. Samsung is one of the beneficiaries, but an issue with invoices may strip the Korean tech giant from its […]
Read MoreSamsung, the biggest smartphone brand in India, could lose tax benefits for the financial year 2021. The Indian government’s PLI (Production-Linked Incentive) scheme allowed smartphone brands to get some tax benefits if the devices are made locally and if the brands invest capital in the country. According to a report from The Economic Times, Samsung […]
Read MoreIndia’s Directorate of Revenue Intelligence (DRI) has accused Vivo Mobile of evading taxes worth ₹22.1 billion ($280 million). The DRI discovered custom duty evasion and issued a “show cause” notice to the company – a legal request for the company to justify its actions. Vivo Mobile is accused of “willful mis-declaration in the description of […]
Read MoreThis bill, then, is a stealthy way to drive Americans as a society toward a cleaner future. It’s turning small individual action—you being better able to afford a heat pump or solar panels—into collective action. But how much individual change matters in the face of systemic problems has been a thorny debate for years. For […]
Read MoreThis bill, then, is a stealthy way to drive Americans as a society toward a cleaner future. It’s turning small individual action—you being better able to afford a heat pump or solar panels—into collective action. But how much individual change matters in the face of systemic problems has been a thorny debate for years. For […]
Read MoreApple has detailed which of its products are eligible for upcoming sales tax holidays in select U.S. states, including Arkansas, Florida, Massachusetts, Missouri, New Mexico, South Carolina, Tennessee, Virginia, and West Virginia. Sales tax holidays provide a limited-time opportunity to purchase select Apple products online or in store without paying sales tax. Eligible products and […]
Read MoreLast week vivo got in trouble with Indian authorities, which seized $58 million in assets after a money laundering probe. Now Oppo is in the hot seat as local authorities are seeking $551 million (₹44 billion) for allegedly evading custom duties. This was done in two ways. First, the company is accused of “willful misdeclaration” […]
Read MoreAustin, Texas was already home to one of Samsung’s most advanced chip manufacturing facilities in the world. The company recently announced that it would build a brand new $17 billion chipmaking factory in nearby Taylor. It appears that Samsung may be looking into the feasibility of further expanding its facilities in the state of Austin. […]
Read MoreZAGG is marking the end of tax season with a new sitewide sale that’s taking 25 percent off all of ZAGG and Mophie’s best charging and protection accessories. This discount does not require any coupon code and will be applied automatically in the cart. Note: MacRumors is an affiliate partner with some of these vendors. […]
Read MoreSource: Richard Devine | Windows Central Samsung was accused of tax-dodging patent usage fees originating from a deal in July 2011. Now, the 15% extra Samsung paid to satisfy South Korean tax officials has been officially declared undue, and the Supreme Court of South Korea has decided that Samsung’s entitled to a $9.3 million tax […]
Read MoreSome of the world’s richest countries have today reached a landmark agreement to close international tax loopholes used by some of the biggest multinational corporations, including big tech companies like Apple, Google, and Amazon (via Reuters). At the G7 summit in London, representatives of the U.S., UK, France, Germany, Canada, Italy, and Japan reached an […]
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