U K Takes Step That May Impact Tax Loophole Favored by Big Tech bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
Apple could be made to pay more tax on earnings from the United Kingdom, proposals from the Chancellor of the Exchequer Rishi Sunak suggest, with a repeal of legislation potentially affecting how tech giants manipulate their taxes on the way.
Timepiece: Treasure of the Ozarks
Curtis Varnell, PhD.
Western Arkansas Educational Service Cooperative
Stories of hidden treasure abound in the mountains of Arkansas and every town has variations of tales surrounding buried Spanish, Native American and Civil War treasures. One of the more lasting tales involves the Lost Spanish Mine found in Franklin county, just north of Turner Bend.
The most popular story surrounding the lost gold involves a group of Spanish explorers traveling up the Arkansas River and north on the Mulberry River in a galleon loaded with gold taken from the Native Americans. Stranded in the area, they chose to hide the treasure underground in the soft sandstone of a bluff on the north side of the river. The site had a large marker rock on top of the bluff and numerous Native American pictographs painted on the bluff walls. Once hidden and bobby trapped, the entrance was closed in and the Spaniards and accompanying Native Americans scattering to the four win
DEMING – Another childhood friend of the late Glenda Sanchez has stepped forward to help establish a scholarship fund in her memory.
“Glenda was a playmate of mine through childhood and I have kept in touch with her for 45 years,” said Amy Seltzer of Deming. “Today, I feel the loss.”
Sanchez, a longtime educator in Luna County, died of COVID-19 complications in November of last year. Her husband soon followed.
Seltzer noted that this week would have marked the 21st annual Cabalgata Binacional; the freedom ride toward goodwill between two nations in Columbus, NM. Sanchez, grew up in Columbus and helped organize the freedom ride that is celebrated annually with the crossing of Mexican riders on horseback at the United States-Mexico Border and American riders who join them in Columbus. The event featured a parade, fiesta, vendors and educational programs at neighboring Pancho Villa State Park.
The paltry amount Amazon pays in corporation tax could be wiped out by Rishi Sunak’s new ‘super deduction’, campaigners said yesterday.
Amazon’s British sales soared 51 per cent to £19.4billion last year. Its warehousing arm, Amazon UK Services, paid £6.3million in tax in 2019 despite raking in £3billion in sales.
But campaigners say the firm could eliminate its tax liability altogether.
The super deduction lets firms slash tax bills by 25p for every £1 spent on new equipment. George Turner, of the campaign group TaxWatch, said it would be lucrative for firms such as Amazon whose sales surged in the pandemic.