UK government closes tax loophole on digital media, could mean the

Buried within the latest budget plan for the UK, Chancellor George Osborne announced new laws that would ensure internet downloads from the likes of iTunes, Google Play and game networks would be taxed in the country they're bought in. In the case of the UK, that would be around 20 percent VAT, substantially more than selling through countries like Luxembourg where the rate can be around 3 percent. Separate to the government's grand plans for its digital future, the new rule would start January 1st 2015 -- "ensuring these are taxed fairly and helping to protect revenue." According to the government's estimates, it could net around £300 million in extra tax income, although it's likely to bring digital download pricing (unfortunately) closer to physical media in the process.

U.S. Looks to Restrict China's Access to Cloud Computing to Protect Advanced Technology - WSJ

Is the Media Doomed? - POLITICO

6 Sales Closing Techniques That Work

Close tax loopholes for the rich and powerful

130 Inspirational Quotes About Taxes

Mass Surveillance: What does the UK government know about you?

UK's Hunt makes business investment tax break permanent in growth quest

Corporate tax avoidance: it's no longer enough to take half measures, Joseph Stiglitz

Robo-Advisor Tax-Loss Harvesting: What It Means, How It Works

EV Tax Credit Loophole Means Leasing Can Save You $7,500 - Bloomberg

Declaration of Independence, Key Facts

Google 'avoided paying £1.5bn in tax' that could have paid for 60,000 nurses - Mirror Online