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Nike in Q3 loss amid Tax Act, acquires Zodiac
2018-03-23 12:41:00| Daily apparel & textile news and comment - from just-style.com
Shares in Nike Inc slipped this morning (23 March) after a 4.47% hike in after-hours trading as the US sporting goods giant booked a loss in its third-quarter and announced the acquisition of a leading consumer data analytics firm as part of its Consumer Direct Offense strategy.
Why tech giants 'don't pay enough tax' in EU
2018-03-21 16:31:40| BBC News | Business | UK Edition
The bloc's tax system was designed for companies with a physical presence, not digital businesses, says Pierre Moscovici, the EU's economics affairs commissioner.
Technology giants face European 'digital tax' blow
2018-03-21 13:56:03| BBC News | Business | UK Edition
Firms such as Facebook and Google may be forced to pay 3% of their EU digital revenues.
Tags: technology
digital
face
tax
EU unveils plans for 3% tax on online services
2018-03-21 13:13:00| Telecompaper Headlines
(Telecompaper) The European Commission has unveiled its proposals for increasing tax collected on digital services such as online advertising. As an "interim measure", large companies would pay a 3 percent levy on revenues generated from such services in the EU. In the longer term, EU members would be able to tax profits from the services if they exceed a certain threshold.
Tags: on
online
services
plans
Pubs facing triple tax whammy, says Camra
2018-03-18 02:26:43| BBC News | Business | UK Edition
The campaign group says 18 pubs a week are closing and the sector needs a major overhaul of taxes.
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