Articles for tag: accused, Alphabet, Amazon, Andy Jassy, Apple, Avoiding, Avoiding Company Taxation, billion, cellar, companies, decade, Digital service tax, Foundation for a fair tax, Gates, Greg Peters, Installation, Jeff Bezos, Larry Page, low tax jurisdictions, Mark Radolph, Mark Zuckerberg, Microsoft, multinational tax reform, Nick Clagg, nonsense, OECD Tax Agreement, Paul allen, Paul Monagan, political influence, postpone, pressure, profit shift, Reed Hastings, repatriation tax, Ronald Wayne, Satya Nadella, Sergei Brin, Sheryl sandberg, Silicon, Silicon six, Steve Jobs, Steve wozniak, Sundar pichai, tax policy, Taxes, Technical tax, technological giants, Technology, Ted sarandos, The intangible income derived from the outside, Tim Cook, transparency, UK-UK commercial talks, US company tax, US corporate tax, US tax code, worldwide minimum tax

April 15, 2025

News Desk

International

Silicon Six technology companies are accused of avoiding $ 278 billion in US taxes for decade

Amazon, Meta, Alphabet, Netflix, Apple and Microsoft – collectively called “Silicon Six” – are accused of avoiding almost $ 278 billion (£ 211 billion) in the US Corporate Income Tax in the last decade, according to a new Fair Tax Foundation (FTF). The six technology giants reportedly paid an average income tax rate of 18.8% in the last 10 years, significantly lower than the legal interest rate of 29.7% for US companies earning equivalent profits. According to FTF, these companies earned the $ 11TN and $ 2.5TN revenue during the period under consideration. The FTF report, first published by The

March 17, 2025

The Pakistan Daily

FeaturedNewsPakistan

JIT summons 16 PTI members again over negative propaganda

The Joint Investigation Team (JIT) summoned 16 members of Pakistan Tehreek-e-Insaf (PTI) once again over their involvement in spreading negative propaganda. Sources divulged that the JIT issued notices to these individuals, asking them to appear before the team on March 18, 2025. Among those summoned were prominent PTI figures, including Syed Firdous Shamim Naqvi, Mohammad Khalid Khurshid Khan, Mian Mohammad Aslam Iqbal, and Hammad Azhar. Also among those who received summons were Aoun Abbas, Mohammad Shahbaz Shabbir, Waqas Akram, and Taimur Saleem Khan. Additionally, notices were sent to Sibghatullah Virk, Azhar Mishwani, Mohammad Nouman Afzal, Jabran Elias, Salman Raza, Zulfi

March 13, 2025

News Desk

International

Elon Musk seems desperate among the trump of Trump White House “tried” to help

Listen to the article President Donald Trump and the recent spectacle of the White House of Elon Musk set eyebrows, combining corporate favoritism with a clear demonstration of despair. In the southern lawn, Trump, standing with Musk, gave a public approval to Tesla’s built -in CEO. The two examined a composition of Tesla vehicles, with Trump promising to buy one at a full price. “Wow, that’s beautiful,” Trump said as he was sitting on an X Tesla model, the praise of the car accompanied by Musk’s observation of the vehicle to “like a golf trolley that goes very quickly”. While

March 9, 2025

Hafsa Akram

BlogFeaturedNewsPakistan

Responsibility of youth (Opinion)

Pakistan is facing political & economic upheaval, with one of its important state assets, like ‘our youth,’ highly impacted, disturbed & distracted due to the ongoing situation in the country. Political polarization and misinformation threaten to divide the very fabric of society. What would happen to that society where the state-important pillar ‘youth’ is being polarised, diverted from their original work? The responsibility of Pakistan’s youth today is greater than ever: to rise above political hate, foster unity, and contribute meaningfully to national development. The country is facing massive issues at all levels.What if the youth were truly being taught

March 8, 2025

The Pakistan Daily

FeaturedNewsPakistan

JIT again summons 25 PTI leaders over negative propaganda

ISLAMABAD: The Joint Investigation Team (JIT) has once again summoned 25 Pakistan Tehreek-e-Insaf (PTI) members over alleged involvement in negative propaganda. Sources revealed that on Friday, the JIT had initially summoned these individuals. Among them, PTI leaders Barrister Gohar, Rauf Hassan, and Shah Farman appeared before the investigation team, facing five hours of questioning. Shah Farman reportedly displayed inappropriate behavior, prompting the JIT to ask him additional and tough questions. The JIT has now summoned PTI leaders and members of its social media team again on March 11, 2025. The list of those summoned included Salman Akram Raja, Rauf Hassan,