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AIG Trial Begins for the Case of Hank Greenberg

September 30th, 2014 (0)
The case of Starr International Co. Inc. v. United States is about the legality of Washington’s move to stave off AIG’s bankruptcy in exchange for about 80 percent of common stock. Through Starr, Greenberg still owned about 11 percent ...

Illegal Irish corporate tax deals for Apple

September 29th, 2014 (0)
Preliminary findings of an investigation into tax deals have found Apple Inc.(AAPL.O) being accused of benefiting from illicit state aid in Ireland after striking illegal deals with Irish authorities and will have to face Brussels’ law. Details of the probe, which ...

OANDA partners with Australian CFD Forum

September 26th, 2014 (0)
OANDA, a global provider of innovative foreign exchange FX and contract for difference (CFD) trading services , has officially joined the Australian CFD Forum, an industry body that is committed to enhancing the efficient operation, transparency, and overall investor ...

Ex-Barclays members provide evidence for fraud

September 25th, 2014 (0)
Former board members of Barclays have been called on to give evidence to the UK’s anti-fraud agency as part of a probe into the bank’s dealings with Qatar over an emergency cash injection at the height of the financial ...

Tax inversion rules affect stocks

September 24th, 2014 (0)
The Obama administration’s tougher rules on offshore corporate inversions had an immediate effect Tuesday, pushing down the stock prices of companies considering such moves. But the highly technical changes to the tax code did not appear to go far ...

Japan PMI shows manufacturing picked up in third-quarter

September 24th, 2014 (0)
Japan’s manufacturing activity picked up in the third quarter, a survey showed, but economists say they need more information on wages and consumer spending to determine whether the government should raise the sales tax again next year. An improving ...

Galaxy Securities Says Staff Cooperating With Authorities

September 22nd, 2014 (0)
China Galaxy Securities Co. the top underwriter of Chinese corporate debt in 2011, said three employees were directed to cooperate with the nation’s judicial authority on matters the firm didn’t specify. Dai Xu, chief officer of the Beijing-based company’s ...

BEPS Fallout To Be Minimal For New Zealand

September 22nd, 2014 (0)
New Zealand’s tax system is unlikely to experience significant changes resulting from the Organization for Economic Cooperation and Development’s base erosion and profit shifting work, according to professional services firm PwC. The Organization for Economic Cooperation and Development (OECD) ...

European Court decides to cut rate VAT on digital books

September 19th, 2014 (0)
The European Court of Justice has agreed that a reduced rate of value-added tax may be applied to books that are provided in digital form. The case concerned a publishing company that sought a preliminary ruling from the Finnish ...

Oracle CEO Ellison steps down

September 19th, 2014 (0)
Larry Ellison announced Thursday he has agreed to step down as CEO of Oracle, the software powerhouse he co-founded. Mark Hurd and Safra Catz, co-presidents of Oracle, will take the role as CEO. Catz will handle all manufacturing, finance ...
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