Search Results for: EC
China antitrust regulator claims Microsoft sales information not transparent
August 26th, 2014
Microsoft Corp’s internet browser and media player are being targeted in a Chinese antitrust probe, raising the prospect of China revisiting the software bundling issue at the heart of past antitrust complaints against the firm in the West. Microsoft ...
Russian food safety regulator shuts fifth McDonald’s restaurant
August 26th, 2014
Russia’s food safety watchdog has ordered the temporary closure of one of McDonald’s restaurants in Yekaterinburg in the Urals region, the fifth such closure in recent weeks, the fast food chain said on Tuesday. The restaurant was closed as ...
HMRC Consults On Strict Liability Tax Penalties
August 26th, 2014
HM Revenue and Customs (HMRC) is consulting on the design of a proposed new strict liability criminal offence for those who fail to declare taxable offshore income and gains. Under the plans, magistrates could be given the power to ...
Singapore Issues Modified Research E-Tax Guide
August 26th, 2014
Following the changes announced in February’s 2014 Budget, the Inland Revenue Authority of Singapore (IRAS) has published an updated e-Tax Guide on Singapore’s research and development (R&D) tax deductions. IRAS’ e-Tax Guide also clarifies the existing definition of R&D ...
eSports is Amazon’s big bet on the future – Bottom Line
August 26th, 2014
While eSports may look and sound like child’s play, it is in fact big business. Last year the industry attracted 71.5m online viewers worldwide, with Twitch being the destination of choice for over 75 per cent of viewers, and ...
Chinese property developer give discount to online homebuyers
August 26th, 2014
China Vanke, the country’s largest residential property developer by sales, and Taobao, the country’s largest virtual bazaar, have teamed up to offer homebuyers discounts for shopping online. Home buyers can receive discounts of up to 2 million yuan (about ...
California Wine Country Quake Losses reach Billions
August 26th, 2014
A strong earthquake that jolted residents of California’s Napa Valley wine country from their beds on Sunday caused insured property damage likely in the hundreds of millions of dollars, but the region’s total economic losses will be several times ...
S&P 500 index over 2,000 for first time
August 26th, 2014
US shares hit a record high yesterday, with the S&P 500 index breaking the 2,000-point mark during trading for the first time in its history. Global investors have piled into American stocks, pumped up by cheap money from central ...
Canadian corporate tax attracts U.S. companies
August 26th, 2014
Canada has become the latest frontier for U.S. companies fleeing the high cost of business, spurred by low corporate taxes and a policy that keeps international earnings out of the clutches of the Internal Revenue Service. It’s “not fair” ...
Australia 200 – Consolidates Under Six Year High Around 5620
August 26th, 2014
Australia 200 for Tuesday, August 26, 2014 The Australian 200 Index has finally been able to surge higher to a new six year high around 5650 late last week before easing off to finish out the week. It has ...
