tax

This Mind-Boggling Visualization Is The Best Explanation We’ve Seen About How Offshore Tax Shelters Work

Source: http://www.businessinsider.com/how-tax-shelters-work-2012-9

Some brilliant work here from Sarah Ryley, Noreen O’Donnell, Sergio Hernandez and Willem Marx at The Daily, which has a new report and a new animated graphic on how offshore tax shelters work.

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Sunday, September 23rd, 2012 news No Comments

His Charity Doesn’t Actually Donate Money

Source: http://www.businessinsider.com/the-dismal-numbers-behind-kanye-wests-charity-which-doesnt-donate-money-2012-2


Last week, The Daily reported that Kanye West‘s charity spent more than a half-million dollars in 2010—but none of that money went to actual charitable causes.

After analyzing federal tax filings, the iPad newspaper found that in 2010, the Kanye West Foundation had expenditures totaling $572,383, but the majority of that went to employee salaries and other overhead expenses.

The charity didn’t even donate a single cent to an actual charity that year. And now, West’s foundation is in the process of being dissolved.

Since it’s easy to get bogged down in the numbers, Statista took The Daily’s findings and compiled information from the foundation’s tax filings to create the below infographic explaining where Kanye West’s money went and what happened to his so-called charity foundation. Complete with West’s stunner shades, obviously.

Take a look below.

Kanye West Charity Infographic

Kanye West Charity Infographic

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Now check out Adam Sandler’s embarrassing career by the numbers >>

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Wednesday, February 29th, 2012 news No Comments

HTC quarterly profits improve by a third, beat even its own lofty expectations

Source: http://www.engadget.com/2010/07/06/htc-quarterly-profits-improve-by-a-third-beat-even-its-own-loft/

We were impressed with HTC back in April when it forecast a record $1.6 billion revenue for itself over the second quarter, but lo and behold, the Taiwanese superphone maker has gone and outdone that with a $1.88 billion income over the period between April and June. Reporting a very solid 33 percent improvement in profits year-on-year — $268 million versus $202 million 12 months ago — the company points to strong sales (no doubt catalyzed by Android‘s growing popularity) as the chief culprit for its newly increased tax bill. Guess that shows that having a wide catalog of high-end devices doesn’t preclude raking in the cash, provided they’re all desirable enough to garner mind and market share.

HTC quarterly profits improve by a third, beat even its own lofty expectations originally appeared on Engadget on Tue, 06 Jul 2010 06:19:00 EDT. Please see our terms for use of feeds.

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Tuesday, July 6th, 2010 news No Comments

Best Buy / Circuit City stores physically touching each other

IMG_6482-bestbuy-circuitcit

this is on Fifth Avenue between 43rd and 44th streets in New York City.

In thinking about retail … this helps illustrate the tremendous challenges they face.

– online switching costs are pretty much zero — just type another URL; these two stores are physically touching — just walk next door

– they carry much of the same inventory from plasma TVs to computers to home stereo equipment to software, CDs, DVDs, etc.

– they both sell Apple iPods; consumers have already decided to buy an iPod for Christmas (for some reason), which store do they walk into? what differentiates the store with the blue awning from the one with silver letters? they both have “black friday” discounts but the price ended up to be about $1 from each other; both have geeks on staff, one called Geek Squad and the other Fire Dog

– and then there’s Amazon.com which is tax free and offers free 2nd day shipping.

THIS is a challenging marketing problem for retailers such as the ones pictured!

 

UPDATED:  December 2013

best buy circuit city search volume

 

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Monday, November 12th, 2007 digital No Comments

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