EU Finds Amazon’s $294M Tax Break Illegal
The European Commission's ruling on Amazon's tax break from Luxembourg strikes another blow against the tax arrangements of Silicon Valley companies.
Perrigo to Restate Financials Back to 2013
The drugmaker says it incorrectly classified royalties from the best-selling Tysabri drug as an intangible asset rather than a financial asset.
Medtronic Wins Battle Over $1.3B Tax Bill
A U.S. Tax Court judge says the IRS' allocation of profits between the medical device maker's operations in the U.S. and Puerto Rico was unreasonable.