A Senate panel says Apple Inc. is avoiding billions of dollars in U.S. taxes by shifting profits to foreign affiliates and is prepared to question the company’s chief executive Tuesday about the “loopholes.”
Apple Inc. employs a group of affiliate companies located outside the United States to avoid paying billions of dollars in U.S. income taxes, a Senate investigation has found.
Gov. Jerry Brown is proposing a $96.4 billion spending plan for the coming fiscal year that starts July 1, funneling more money to K-12 schools but otherwise taking a cautionary approach to spending.
California is on track to collect $4 billion more in personal income taxes than Gov. Jerry Brown had expected, giving a potential boost to education funding, the legislative analyst’s office said Tuesday.
Environmental and education advocates have proposed a new measure that would tax oil and gas extracted in California to fund education programs in the state.
A handful of Bay Area post offices will stay open late Monday to allow last minute tax filers to turn in their paperwork.
The Colorado Economic Development Commission has agreed to offer $3 million in tax credits to persuade a California biomass company to move to Colorado.
The best part of paying your taxes is probably getting your refund check.
It’s hard to think there’s anything funny about taxes when you’re under a mountain of paperwork, but CBS News contributor and analyst Mellody Hobson has a little comic relief for taxpayers.
Depending on where you shop and what type of purchase you plan to make in the near future, you may feel the impact on your wallet – or not.