News from other websites on Tax
Labour chief Miliband uses Google's UK event to blast big tax evaders
May 24, 2013 at 00:37 | Source: DomainB
Ed Miliband, the leader of the UK's Labour Party, today launched another scathing attack on big US conglomerates like Google, Apple, Amazon and Starbucks, which are being probed by lawmakers in Britain as well as the US for evading taxes by offshori...
China manufacturing falls first time in seven months
May 24, 2013 at 00:37 | Source: DomainB
The flash HSBC Purchasing Managers' Index (PMI) for May declined to 49.6, sliding below the 50-point level separating contraction from expansion for the first time since October and triggering a sharp fall in Asian financial markets. China's factory...
Goldman unveils checks on conflicts in bid to fix image
May 24, 2013 at 00:15 | Source: FirstPost
SALT LAKE City (Reuters) - After dozens of meetings with executives and regulators, 100,000 hours of employee training and an immeasurable amount of public grief, Goldman Sachs Group Inc(GS.N) CEO Lloyd Blankfein claimed success in putting his bank a...
Is There a Bad Apple in the Tax Avoidance Bunch? Asks Crown's Chuck Bentley <b>...</b>
May 24, 2013 at 00:00 | Source: Wall Street Journal
ATLANTA, May 23, 2013 /PRNewswire-USNewswire/ -- Apple, Inc. recently "took a bite" out of its corporate tax liabilities and caused a public outcry. But the ethical issues raised by such a move do not begin or end with them alone, o...
Apple Shows It's Time to Abolish Corporate Taxes
May 24, 2013 at 00:00 | Source: Bloomberg
Tim Cook, the chief executive of Apple Inc., came to the U.S. Senate on May 21 to advocate an overhaul of the nation's corporate tax code. Tax profits at 20 percent, Cook said, and offer no loopholes, no deductions, no complexities. The recom...
Battle-scarred Goldman CEO unveils safeguards to avoid mistakes
May 24, 2013 at 00:00 | Source: FirstPost
SALT LAKE City (Reuters) - After dozens of meetings with executives and regulators, 100,000 hours of employee training and an immeasurable amount of public grief, Goldman Sachs CEO Lloyd Blankfein is claiming a victory in getting his bank, and his le...
Government allows duty-free sale of Indian goods at international airports
May 24, 2013 at 00:00 | Source: NDTV Profit
New Delhi: Seeking to promote brand India, the government on Thursday allowed tax-free sale of Indian manufactured goods at duty free shops (DFSs) located at international airports for passengers. "Now, a passenger arriving from abroad shall...
Dish TV subscription revenues grow 15%
May 23, 2013 at 22:51 | Source: DNA India
Dish TV, India s top direct-to-home (DTH) company, has reported a 6.5% year-on-year rise in operating profit for the quarter ended March at Rs 120 crore and a 7.6% increase in standalone operating revenues at Rs 555.4 crore. The company, a market le...
Government allows duty-free sale of Indian goods at international airports
May 23, 2013 at 22:35 | Source: Economic Times
NEW DELHI: Seeking to promote brand India, the Government on Thursday allowed tax-free sale of Indian manufactured goods at Duty Free Shops located at international airports for passengers. "Now, a passenger arriving from abroad shall have the choice...
Govt approves I-T dept restructuring; creates 20,751 posts
May 23, 2013 at 22:26 | Source: DNA India
Government today approved the restructuring of Income Tax department, that includes creation of 20,751 additional posts in various cadres, saying it will help increase collections by Rs25,000 crore per annum. Union Cabinet today approved the proposa...
Lokayukta indictment: BJP demands criminal action against Sheila Dikshit
May 23, 2013 at 22:18 | Source: FirstPost
New Delhi: The BJP Thursday demanded initiation of criminal proceedings against Delhi Chief Minister Sheila Dikshit for allegedly misusing public funds on an advertisement campaign to get political mileage ahead of last assembly polls."We demand...
May 23, 2013 at 22:00 | Source: Business Week
The almost daily disclosures by the White House about who knew about an IRS investigation before it became public has helped stoke the furor over the agency's scrutiny of tax-exempt groups and given the president's harshest critics an...
IPL spot fixing: I-T, ED will step in at appropriate time, says Chidambaram
May 23, 2013 at 21:47 | Source: FirstPost
New Delhi: Finance Minister P Chidambaram today said agencies like Income Tax Department and Enforcement Directorate will start probing IPL spot-fixing scandal once police come up with "concrete evidence"."There is a police case. Polic...
Spot fixing: IPL is den for gambling with lots of black money, says Yashwant Sinha
May 23, 2013 at 20:51 | Source: Economic Times
NEW DELHI: Senior BJP leader Yashwant Sinha today said that the controversy-ridden Indian Premier League was nothing but a den for gambling where lots of black money were involved. Sinha said that a report prepared by the Standing Committee on Financ...
White House Feeds IRS Frenzy by Revising Its Story
May 23, 2013 at 20:00 | Source: Business Week
The almost daily disclosures by the White House about who knew about an IRS investigation before it became public has helped stoke the furor over the agency's scrutiny of tax-exempt groups and given the president's harshest critics an...
Apple enjoyed Irish tax holiday from the start
May 23, 2013 at 19:40 | Source: Economic Times
SAN FRANCISCO/DUBLIN: Apple has operated almost tax-free in Ireland since 1980, welcomed by a government keen to bring jobs to what was then one of Europe's poorest country, former company executives and Irish officials have said. Chief Executive Ti...
Major provisions of US Senate immigration bill
May 23, 2013 at 19:40 | Source: Economic Times
WASHINGTON: The US Senate Judiciary Committee approved a bill this week to overhaul the country's immigration system and give millions of unauthorized foreigners a path to citizenship. The legislation aims to achieve three main goals: create a path ...
IPL spot-fixing: Enforcement Directorate begins money laundering probe, books case
May 23, 2013 at 19:40 | Source: Economic Times
NEW DELHI: The Enforcement Directorate (ED) today registered a money laundering case in the IPL spot-fixing scandal to probe alleged routing of hawala funds and other financial irregularities which emerged after police investigations. With the ED co...
Relief to traders: LBT likely to be delayed in Mumbai
May 23, 2013 at 19:27 | Source: FirstPost
Mumbai: The newly introduced Local Body Tax, which is being opposed by the traders across the state, would not be implemented soon, a senior Maharashtra minister said."The new levy will be imposed on traders in the city only after due consensus ...
IPL spot-fixing: ED registers money laundering case
May 23, 2013 at 18:44 | Source: FirstPost
New Delhi: The Enforcement Directorate (ED) today registered a money laundering case in the IPL spot-fixing scandal to probe alleged routing of hawala funds and other financial irregularities which emerged after police investigations.With the ED comi...
From DJ EU Officials Spain Aid Cap Of 100 Bn Euros 'should Be Enough'
