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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.

Tags: act loss tax nike

 

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.

Tags: in pay tech eu

 
 

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.

Tags: tax facing triple pubs

 

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