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Tax Court

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Facebook, Coke could face tax hit after ruling against Medtronic

By Lynnley Browning and Sony Kassam Bloomberg News From Accounting Today Last week, Medtronic Plc suffered a legal setback in its bid to avoid a $1.4 billion U.S. tax bill — a ruling that may have costly implications for other…

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US: Ninth Circuit decision for IRS affects shifting of income to tax havens

By Peter J Reilly From Forbes The Ninth Circuit is generating a lot of excitement this week.  Probably most exciting is its ruling that open carry is a constitutional right protected by the Second Amendment.  But this is a tax…

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Fb, Leprechauns and the Cayman pot of gold

From Business True Breaking News As I attempted to kind out the way in which firms like Fb are utilizing Eire to decrease their tax payments, I used to be starting to assume that it concerned leprechauns. I imply it…