The Latest in IT Security

Yahoo shifts Europe tax base to Ireland from Switzerland

07
Feb
2014

By Tom Bergin and Valentina Consiglio LONDON/ROME (Reuters) – Yahoo! Inc is shifting its main European tax base to Ireland from Switzerland, a Reuters examination of company statements and accounts shows, as pressure mounts on the Alpine nation to abolish some corporate tax incentives. Yahoo pays all taxes required and complies with tax laws in all countries where we operate. We take our tax obligations seriously, Yahoo spokeswoman Caroline Macleod-Smith said. However, tax experts said it was likely the changes that Switzerland is expected to make to its tax rules, following European Union pressure, had some influence over the decision, and that other companies could follow Yahoos lead.

Tags:  
Comments are closed.

Categories

FRIDAY, APRIL 26, 2024
WHITE PAPERS

Mission-Critical Broadband – Why Governments Should Partner with Commercial Operators:
Many governments embrace mobile network operator (MNO) networks as ...

ARA at Scale: How to Choose a Solution That Grows With Your Needs:
Application release automation (ARA) tools enable best practices in...

The Multi-Model Database:
Part of the “new normal” where data and cloud applications are ...

Featured

Archives

Latest Comments