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UK introduces Google Tax today

Firms that move profits overseas are now subject to the Google Tax

The Budgetary measure has been introduced today and companies that move their profits overseas to avoid tax will be subject to a “diverted profits tax”, also known as the Google Tax. The tax follows criticism of multi-national companies such as Google, Starbucks, Amazon and Apple. Some of those companies are ...

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Russia’s New Dilemma

Russia

By JAKOB MURATOV 02/10/2014 On Aug. 7, President Putin signed a Kremlin decree banning imported agricultural products from the European Union, the United States, Australia, Canada and Norway. According to Putin, the first and foremost reason for this action was to help domestic producers raise their competitiveness by producing and selling ...

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