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EU Wants US Tech Giants To Pay Revenue Tax

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Germany, France, Italy and Spain’s finance ministers have announced plans to tax tech multinationals, such as Amazon and Alphabet Inc./ billion in back taxes plus interest for “undue tax benefits” obtained from the Irish government from 2003 to 2014. That means a 10 percent tax would amount to $3.5

Taxes 115
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NerdWallet Acquires SMB Finance Platform Fundera

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The acquisition will help NerdWallet expand its options for financial guidance and financing options for SMB owners, giving it a bigger piece of the SMB market and "advancing its mission of providing clarity for all of life's financial decisions," according to the release. The deal for NerdWallet didn't end up going through.

Resources 209
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Western Union Mulls Sale Of B2B Payments Unit

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.” In response to reports, shares rose by more than 3 percent on Wednesday, leading Western Union to reach a market valuation of $8.6 According to reports, the business payment operations have become burdensome for Western Union following corporate tax changes that affect the finances of U.S.

Payments 198
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Intuit Eyes Buying Credit Sesame, NerdWallet And Finicity

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Intuit , the tax software company best known as being the enterprise behind QuickBooks and TurboTax , is looking into acquiring FinTech Finicity , according to reports. On Monday (March 9), the market saw Intuit’s shares dip 4.3 Intuit recently bought Credit Karma for $7 billion. percent, which is $11.45, to $263.73.

Taxes 154
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Government Aid Expected To Spur Economy To Pre-COVID Peak In Mid-2021

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economy and jobs market will take years to recover from the coronavirus economic crash. The CBO’s projections assume that “current laws governing federal taxes and spending (as of Jan. percent, the first economic contraction since 2009 and the biggest drop since 1946, another U.S. A new report predicts the U.S.

Taxes 150
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Retail Bankruptcies, Closures Faster This Year Than Last

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percent from the month prior — the weakest sales performance since December 2009. The reported noted that a subpar 2018 holiday season was a main factor, with December retail sales dropping 1.6 The bankruptcies of just these three retailers led to the closure of roughly 3,700 stores.

Retail 137
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The Apple iPhone Sales Rope-A-Dope

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The stock price is off nearly 7 percent , even though its trillion-dollar market cap remains intact. The Wall Street Journal threw some serious shade on that move, citing Steve Jobs’ reaction to Amazon’s decision in 2009 to do the same for the Kindle — that it must not be selling many. The Apple Tax Man Cometh.

Apple 174