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Coca-Cola to pay $6B tax bill after Tax Court ruling

Accounting Today

Beverage giant Coca-Cola said that it will pay the very old debt, but it is still appealing.

Billing 338
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Senators introduce bill to remove tax breaks for mergers

Accounting Today

An unlikely pair of lawmakers is teaming up to propose legislation to eliminate tax breaks for corporate M&A activity.

Billing 290
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Asset managers quietly purge portfolios of tax risk

Accounting Today

There's a growing sense of unease among asset managers that companies with conspicuously small tax bills pose a financial liability too big to ignore.

Tax 311
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Berkshire Hathaway sets record with massive tax bill

Accounting Today

government more than $101 billion in taxes since he took the helm 60 years ago, more than any other company in history. Warren Buffett said the company has paid the U.S.

Billing 217
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GM blasts San Francisco in lawsuit over $108M tax bill

Accounting Today

The company said the city used the presence of its Cruise self-driving unit to tie its tax bill to a portion of its global revenue.

Billing 195
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Making Tax Digital for Income Tax Self Assessment: Our guide to Unique Taxpayer Reference numbers

Xero

Frankly, you already have enough to remember, thanks to Making Tax Digital (MTD) for VAT and Income Tax Self Assessment (ITSA). The government legislation with the goal of digitising the tax process has been underway for some time, and the next step is looming large on the horizon.

Tax 246
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Senate bill would deny tax breaks to cos. operating in Russia

Accounting Today

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Billing 299