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Latest Corporate tax Stories

2013-01-02 05:02:55

Today is the last day to make donations to charities and churches that qualify for a deduction on 2012 tax returns.

Apple International Taxes Were Just 2 Percent
2012-11-05 05:05:01

Despite being the most valuable company in the world, Apple paid an income tax rate of less than 2% on international earnings over the latest fiscal year, various media outlets reported on Sunday.


Word of the Day
postliminy
  • In Roman antiquity, the return of a person who had been banished, or taken prisoner by an enemy, to his old condition and former privileges.
  • In international law, that right by virtue of which persons and things taken by an enemy in war are restored to their former status when coming again under the power of the nation to which they belonged.
The word 'postliminy' comes from a Latin word meaning 'threshold'.