Search Results for: tax
Switzerland, Estonia Agree Double Tax Pact Change
September 3rd, 2014
Switzerland and Estonia have signed a protocol to their double taxation agreement (DTA) to cut withholding tax rates and provide for the exchange of information on request. The protocol places a maximum tax withholding tax rate on dividends of ...
FASB’s proposed 2015 GAAP taxonomy available for comment
September 2nd, 2014
FASB released its proposed 2015 GAAP Financial Reporting Taxonomy on Friday and asked for public review and comment. The taxonomy is a list of financial reporting labels that are machine-readable and coded in XBRL. Users of financial statements can ...
Washington-area business owners’ tax burden mounts as economy rebounds
September 2nd, 2014
A rebounding economy means more customers, higher sales and new jobs. It also means higher taxes. State and local tax bills for companies across the country grew modestly last year as the economic recovery accelerated, according to new research ...
Burger King has maneuvered to cut U.S. tax bill for years
September 2nd, 2014
Burger King may have taken a lot of flack in the past week for a deal that should curb its U.S. tax bill but in many ways it is consistent with the burger chain’s aggressive tax-reduction strategies in recent ...
Switzerland, Estonia Agree Double Tax Pact Change
September 1st, 2014
Switzerland and Estonia have signed a protocol to their double taxation agreement (DTA) to cut withholding tax rates and provide for the exchange of information on request. The protocol places a maximum tax withholding tax rate on dividends of ...
CBO Reduces US Corporate Tax Revenue Forecast
September 1st, 2014
In its latest estimates, the Congressional Budget Office (CBO) has maintained its forecast for a reduced United States federal budget deficit this year, but has had to increase it from the forecast made in April, mostly because of lower-than-anticipated ...
Japan household spending slumps, output flat as tax pain persists
August 29th, 2014
Japanese household spending fell much more than expected and factory output remained weak in July after plunging in June, government data showed, suggesting that soft exports and a sales tax hike in April may drag on the economy longer ...
Businesses Find Ways to Avoid Corporate Taxes, but a Fix Seems Unlikely
August 29th, 2014
A pharmaceutical company moved its headquarters to Ireland, sharply reducing its tax rate. A billboard company reclassified itself as a real estate concern, meaning it will no longer pay corporate taxes. And a big oil producer split itself in ...
Sage launches corporation tax application
August 28th, 2014
Originally developed for large corporate organisations, Sage chose to extend the Sage Corporation Tax application to smaller businesses that had claimed they were seeking a “more straight-forward” program than previous services. The functionality in the offering builds upon the ...
Japan Abe aide Hamada: Could do next sales tax hike in stages
August 27th, 2014
Japan could soften the impact of a planned sales tax increase by raising it in stages rather than IN a single hike, an outside adviser to Prime Minister Shinzo Abe said on Wednesday. Koichi Hamada, professor emeritus of economics ...
