Taxes articles

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Big Tech avoided $278 billion in corporate tax over the past decade, says watchdog

Cutting corners: A new report has reignited the debate over how much tax the world's largest technology companies pay, revealing that the so-called "Silicon Six" – Amazon, Apple, Alphabet, Meta, Microsoft, and Netflix – have paid nearly $278 billion less in corporate income tax over the past decade than would be expected if their profits were taxed at the average statutory rate for US companies.
spain elections taxes

Spanish labor minister wants to provide €20,000 to every young Spaniard upon reaching adulthood

Forward-looking: Spain will hold a vote on July 23, and Yolanda Díaz, the woman aspiring to become the country's first female prime minister, is prepared for a fight. Díaz has put forward an exceptionally progressive political agenda, which involves a contentious universal payment aimed at providing young people with the necessary funds for pursuing their education or starting a new business.