Home / Tag Archives: tax (page 2)

Tag Archives: tax

EU report rules Apple’s tax breaks in Ireland are illegal

A new EU report has stated that tax deals struck between Apple and Ireland are illegal. The deals, inked in 1991 and 2007 between the tech firm and the country’s government, were examined as part of an investigation by the European Comission’s anti-trust authority into the wider question of unlawful …

Read More »

Video games contributed £1bn to UK in 2013

A new report from TIGA says that the video games industry contributed 1.02bn to the UK economy in 2013. That’s up from 947m the year before, and resulted in tax revenues of 419m for the Treasury. The total number of people employed by the sector is up too, from 9,224 …

Read More »

MP calls for UK shoppers to boycott Amazon amidst tax row

Labour MP and chair of the public accounts committee Margaret Hodge has called for UK shoppers to boycott online retailer Amazon. That’s because Amazon UK paid just 4.2m in tax to the UK treasury this year (and 3.2m the year before) despite registering sales to the tune of 4.3bn. That …

Read More »

Republicans propose increased dev taxes for violent games

A US tax reform bill from the House Ways and Means Committee has suggested increasing the tax burden for games developers making violent games. Washington Examiner reports that while the bill advocates an improved, permanent R&D tax credit, finally giving American manufacturers the certainty they need to compete against their …

Read More »

Online retailers unite to fend off sales tax

A number of online retailers have signed a letter addressed to chancellor George Osborne calling for an end to the argument for an online sales tax. Online retailers have hit out against calls from some physical stores for a new online tax to level the playing field. The letter was …

Read More »

OPINION: A slightly longer wait for tax breaks can’t hurt

This long and at times painful hardware generation – it will be eight years since the 360 unveiling when we see the Next Xbox in three weeks – is matched by just one other drawn out saga: tax breaks for games made in the UK. Every two steps forward on …

Read More »

Google: Our low tax bill is fine because we bring so much to the UK

The executive chairman of Google has argued that the company’s minute UK corporation tax bill is entirely justified. The company came in for fierce criticism when it emerged that it paid just 6m in UK corporation tax in its last financial year. That’s for a company worth over 175bn. But …

Read More »