The term “tax avoidance” came into public awareness in 2012 when the British MP’s shunned light on Google’s, Amazon’s and Starbucks tax payments. It turned out that the companies were paying nothing close to the official tax rate. For example, Google had sales of £2.5bn but only paid £3.4m in taxes. When investigations were made,
CONTINUE READING
Technology companies are reaching a debt level that can wreak financial havoc in the global market sooner or later.
Over the last two decades, technologies have become the most profitable industry in the world, but still the least regulated. For instance, Apple reached a market capitalization of $1.16 trillion, becoming the world’s most valuable publicly-traded company, gaining 65% in 2019; however, policy proposals to regulate big techs are not as strict as in other
CONTINUE READING
As the sunny days in Amsterdam are slowly drifting away (in case you were lucky to see those), the demand for a comforting cup of hot chocolate and a nice evening watch is on the rise. In case you are the kind of person that freerides on your friend’s Netflix account, the Apple-TV launch may
CONTINUE READING
The following article is referenced to the Financial Times article: Volkswagen: System Failure by Richard Milne: https://www.ft.com/content/47f233f0-816b-11e5-a01c-8650859a4767 The article gives a good overview of the various scandals that the Volkswagen (VW) was involved in, as well as some basic information with regards to the so-called ‘German model of capitalism’ and the
CONTINUE READING
