Elizabeth Warren wants to tax AI data centers as power bills climb
The senator wants AI's biggest winners to cover the energy costs ordinary Americans are absorbing
Canada is imposing a 15% tax on streaming services to support local content
"No one ever likes being regulated," especially in the US
South Korea's tax office lost millions in crypto after accidentally posting the wallet's master key
A basic security lapse raises bigger questions about crypto oversight
Facepalm: Last month, South Korea's National Police Agency realized that 22 Bitcoin had been missing for years after officials failed to transfer the seized funds to a state-owned wallet. Now the country's National Tax Service has stumbled into an even more damaging mistake – effectively handing cybercriminals the keys to confiscated crypto.
Billionaire VC Vinod Khosla proposes scrapping taxes for 125 million Americans amid AI job fears
Khosla wants to raise capital gains tax to offset the losses
Winners & losers: As AI becomes increasingly capable of performing human jobs, fears of mass unemployment keep growing. Billionaire investor Vinod Khosla suggests one way to deal with the problem is to scrap taxes for up to 125 million people in the coming decades, and that the government offsets the lost revenue by increasing capital gains taxes and eliminating certain tax breaks.
EV market faces uncharted territory as federal tax credit ends
EVs hit record sales in the US – now comes the hard part
Trump threatens tariffs on countries taxing US tech giants with "discriminatory" digital rules
Trump says US tech companies will no longer serve as the world's "piggy bank" or "doormat"
IRS clarifies rules to give EV buyers more time to claim expiring $7,500 tax credit
The One Big Beautiful Bill Act has eliminated the incentive effective October 1
How a little-known tax change sparked a tech layoff surge
New R&D tax rules upended the tech sector
Free tax filing tool Direct File is getting the open source treatment
Ensuring the software's survival
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.
Hyundai and Kia score big with their EVs now eligible for $7,500 tax credit
Five models secure federal EV tax credit after fast-tracking U.S. production
Apple must refund Ireland $14 billion in unpaid taxes, Europe's top court rules
Europe's tax problem goes beyond a single rotten apple
Canada's Digital Services Tax could cost US tech giants billions of dollars
The tax is retroactive to 2022
IRS' aging tech infrastructure is costing money and putting taxpayers at risk
Audit reveals some alarming developments at the agency
IMF proposes tax on AI carbon emissions to counter job loss, income inequality
A carbon tax could also curb AI's environmental toll
Canada will tax online streaming companies to fund local broadcasters
The five percent fee will take effect this September, and streaming corps are not happy
The IRS launches a free online tax filing tool in 12 states
Direct File can only be used to file federal returns, for now
TurboTax deceived consumers with its "free" offering, the FTC rules
Software developer Intuit must stop advertising free service or products that many cannot access
Apple could face $14 billion tax bill in Ireland after major setback at EU court
Even for the biggest company in the world, that's a lot of money
Italy seizes $836 million from Airbnb for alleged tax evasion
The company is accused of not paying a 21% withholding tax
The IRS says Microsoft owes $29 billion in back taxes, but Redmond disagrees
Microsoft's financial practices from the years 2004-2013 are under the spotlight
Tax prep companies including H&R Block and TaxSlayer found to be tracking users, share sensitive data with Google, Facebook
Death, taxes and tracking come for everyone
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.
Tax return website eFile.com hacked with malware-spreading scripts
Death, taxes and malicious JavaScript files come for everyone
Emotet phishing campaign masquerading as W-9 tax form
Things that are certain in life: death, taxes, and Emotet phishing operations