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Tag: tax

France mulls 'culture tax' on devices like the iPhone

Reuters reports that France, in an effort to generate money to help fund cultural initiatives, is considering implementing a special tax on smartphones and tablets. The proposal falls under France's "cultural exception" policy, enacted to ensure that the arts in France can continue to thrive in the ...

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Apple makes a tax deal for Prineville, Oregon data center land

We've heard before that Apple plans to build a data center on land it previously purchased in Oregon, but now the Associated Press reports on part of the cost. The company has reportedly agreed to pay US$150,000 per year to local governments, and has signed off on at least 35 jobs. Those jobs ...

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Russia reclassifies iPad as a computer, avoids 5% import tax

According to a report in the Russian newspaper Vedomosti, the Russian government has classified the iPad as computer. While this will bring a smile to analysts who love to compare iPad and PC sales, this move has nothing to do with the market category of the device. This change is an ...

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Five apps to help you track your finances

It's January, which means you're probably thinking about your finances for the upcoming year. Tax season is right around the corner. There might be employment changes coming or large purchases on your mind. Here are five apps to help you keep track of your money as it goes in and out of your ...

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Most of Apple's $82 billion cash stockpile is 'trapped' overseas

Apple may have enough cash on hand to make Scrooge McDuck's money vault look like a kiddie pool by comparison, but according to SeekingAlpha, most of that cash is effectively trapped overseas. US$54 billion of Apple's overall $82 billion in cash is in offshore accounts, and Apple cannot ...

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US Uncut group to target Apple with protests on June 4

If you see a group of people dancing in front of your local Apple store next weekend, don't be alarmed. Steve Jobs didn't make a surprise visit to the store and, no, Apple isn't launching another product. They are just protesters from the US Uncut group. The grassroots movement is upset with ...

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French courts require foreign vendors to remind customers about 'iPod tax'

A French court has ruled that online retailers shipping music players to addresses in France must warn the customer that they will have to pay the "iPod tax" once the device arrives in the country. France enacted a levy designed to compensate copyright holders to the tune of €40 per device for ...

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Unsubsidized iPhone prices

Stories about cell phone unlocking and resales have hit the news recently. TracFone sued numerous resellers who (legally) bought inexpensive subsidized units, unlocked them and sold them overseas. In the iPhone world, the story differs. Rather than leveraging subsidized prices, the way the TracFone ...

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Japan to abandon iPod copyright fee

For years, legislators in Japan have wanted a portion of the price of a digital recording device (up to 3%) to go to recording companies, songwriters and artists. The so-called "iPod tax" has met opposition from electronics manufacturers, as you could imagine. However, it looks like it's not going ...

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CPCC wants to tax your iPod

Bad news for our buddies up north: Canada's Private Copyright Collective (CPCC) is hoping to tax consumers who purchase portable MP3 players, planning to compensate musicians for money lost due to copyright infringement and music copying. The Canadian federal court turned down the previous lobbying ...

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New Jersey begins taxing iTS downloads like CDs and armored cars

The state of New Jersey is suffering from a slight $4.5 billion debt problem. Macenstein is reporting that amidst a recent sales tax increase and a frantic session of checking the sofa for change, Governor Jon Corzine has expanded the list of items which can be taxed to include, amongst other ...

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