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Senate report: Apple claims subsidiaries with no taxing jurisdiction

News about accounting

Senate report: Apple claims subsidiaries with no taxing jurisdiction

Apple has set up three foreign subsidiaries that the company claims are not resident in any nation for taxing purposes, in an effort to avoid paying tens of billions of dollars in taxes to the U.S. and other countries, according to a new report from a U.S. Senate subcommittee.

By Grant Gross | 20 May, 2013 21:35

Tags: business issues, tim cook, Information Technology Industry Council, Information Technology and Innovation Foundation, regulation, John McCain, Carl Levin, business management, Hewlett-Packard, Dean Garfield, Apple, U.S. Senate Homeland Security and Governmental Affairs Committee, Microsoft, accounting, government
UK's accounting watchdog investigating Autonomy finances pre-HP deal

The U.K.'s Financial Reporting Council has launched a probe into Autonomy's financial reporting over a period of more than two years prior to its acquisition by Hewlett-Packard.

By Chris Kanaracus | 11 February, 2013 14:13

Tags: business issues, Autonomy, accounting, legal, software, SEC Filings, financial results, business management, Hewlett-Packard, Mergers and acquisitions
10 questions for Sesame Communications CFO Jon Engman

-- Name: Jon Engman

By Nancy Weil | 22 November, 2011 03:28

Tags: Cash management, applications, health care, Managed Services, software, CFO Careers, industry verticals, cloud computing, business management, internet, Sesame Communications, accounting, Jon Engman
Useful sites for small business

Whether you're running a business out of your den or from a penthouse in the sky, you don't have time or money to waste on second-rate tools. These well-designed services and resources are among the best the Web offers for small and midsize businesses. Some include apps for smartphones and downloads for your desktop, but all of them provide the bulk of their features within a Web browser.

By Elsa Wenzel | 29 September, 2011 23:46

Tags: Web services development, Cloud, applications, cloud computing, software, social networks, Microsoft, remote control, application development, web services, internet, Google, accounting, productivity, Business Center, business management, e-mail, zoho
Interview with BurstPoint CFO Terenzio Volpicelli

Name: Terenzio Volpicelli

By Nancy Weil | 27 September, 2011 01:38

Tags: Terenzio Volpicelli, Photo / video, applications, accounting, Networking, software, CFO Careers, business management, Financial regulation and compliance, BurstPoint Networks, budgeting and forecasting

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