tax avoidance Archives - CFO

Investors Shun Companies That Play ‘Robin Hood’

Investors Shun Companies That Play ‘Robin Hood’

Wall Street likes tax avoidance practices, and it likes corporate social responsibility. But it doesn't like companies that practice both, study finds.

By David McCann | September 3, 2019

How Unclear Tax Footnotes Can Create Value

How Unclear Tax Footnotes Can Create Value

Tax avoidance combined with a lack of transparency in tax footnotes draws a thumb's up from investors.

By David McCann | April 17, 2018

EU Finds Amazon’s $294M Tax Break Illegal

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.

By Matthew Heller | October 4, 2017

Raids Escalate Caterpillar Tax Dispute With U.S.

Raids Escalate Caterpillar Tax Dispute With U.S.

U.S. authorities executed search warrants at Caterpillar facilities as part of a probe of the company's shifting of corporate profits to a Swiss subsidiary.

By Matthew Heller | March 3, 2017

Low Effective Tax Rates Don’t Signal Excess Risk: Study

Low Effective Tax Rates Don’t Signal Excess Risk: Study

Contrary to common opinion, there's no evidence that a low effective tax rate is a sign of risky corporate management.

By David McCann | January 10, 2017

Weatherford Fined $140M for Accounting Fraud

Weatherford Fined $140M for Accounting Fraud

Two senior tax executives at the oil services firm allegedly schemed to report false ETRs that aligned with analysts' expectations.

By Matthew Heller | September 27, 2016

Ireland to Join Apple in EU Tax Ruling Appeal

Ireland to Join Apple in EU Tax Ruling Appeal

Dublin is challenging the $14.5 billion judgment as a "seismic" attack on the integrity of its corporate tax system.

By Matthew Heller | September 5, 2016

Apple Hit With $14B Penalty Over Irish Tax Deal

Apple Hit With $14B Penalty Over Irish Tax Deal

The European Commission says Ireland improperly allowed Apple to avoid paying taxes on almost all profits from sales in the EU.

By Matthew Heller | August 30, 2016

Facebook Changes U.K. Accounting Policy

Facebook Changes U.K. Accounting Policy

The change may ease criticism over Facebook's overseas tax arrangements but won't necessarily mean a tax windfall for the U.K. government.

By Matthew Heller | March 7, 2016

Should Your Auditor Prepare Your Tax Return?

Should Your Auditor Prepare Your Tax Return?

While regulators frown on a company's auditor handling its taxes, new research suggests that such concern is unwarranted.

By David McCann | February 1, 2016

Google Settles U.K. Tax Probe for $185 Million

Google Settles U.K. Tax Probe for $185 Million

European tax authorities have been cracking down on U.S. tech firms who they say have not been paying their fair share of taxes in Europe.

By Katie Kuehner-Hebert | January 25, 2016

Largest Multinationals Avoiding $90B in U.S. Taxes

Largest Multinationals Avoiding $90B in U.S. Taxes

U.S.-based multinational corporations are allowed to play by a different set of rules, says a new study on corporate taxation.

By Katie Kuehner-Hebert | October 6, 2015

G7 to Clamp Down on Tax Avoidance Via Transfer Pricing

Corporate Finance

G7 to Clamp Down on Tax Avoidance Via Transfer Pricing

Multinational firms said to be 'cheating' African countries out of billions of dollars that could be used for health care and education.

By Katie Kuehner-Hebert | June 9, 2015

EU to Propose Single System for Computing Tax

EU to Propose Single System for Computing Tax

The proposed common corporate tax base for companies operating in the European Union is intended to reduce tax avoidance.

By Matthew Heller | May 28, 2015

Super-sized Tax Avoidance by McDonald’s

Super-sized Tax Avoidance by McDonald’s

A U.K. nonprofit and two labor unions accuse the fast-food giant of channeling royalty payments to a small subsidiary in Luxembourg.

By Katie Kuehner-Hebert | February 25, 2015