Bitcoin is not a currency

Japan has just decided that Bitcoin is not a currency, which subjects it to sales and income taxes. This is consistent with the view of the Canadian Revenue Service, which has found Bitcoin to be property and not a legal currency, and the…

Apple: Tax gimmicks could hurt the brand

One of the striking aspects of the Senate Permanent Subcommittee on Investigations hearing on Apple's aggressive tax-avoidance strategies is the way the Senators bent over backwards to declare Apple love even as they poked and prodded at…

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