Search Results for: Ether
Judge Denies Madoff Trustee Recovery of Foreign Transfers
July 8th, 2014
Transfers made abroad between a foreign transferor and a foreign transferee cannot be recovered by the trustee administering the estate of Bernard L. Madoff Investment Securities, a federal judge has ruled. Dealing a win to foreign banks and investment ...
Australia accused of breaking law after returning asylum seekers to Sri Lanka
July 8th, 2014
Australia has been accused of breaking international law and violating the refugee convention after returning a group of 41 Sri Lankan asylum seekers who attempted to reach the country by boat directly into the hands of the Sri Lankan ...
Australia 200 – Not Getting ‘Carried Away’ Above 5500
July 8th, 2014
Australia 200 for Tuesday, July 8, 2014 So will the Australia 200 Index be able to maintain its break through the key resistance level at 5500 having enjoyed a solid week last week? It reversed a little yesterday after ...
Top banks face wait for detail of new buffer to protect against bailouts
July 8th, 2014
According to a global banking regulator, details of a new buffer of bonds to shield taxpayers from having to rescue a big bank won’t become clear for at least a year or more. Lenders like Goldman Sachs, Deutsche Bank ...
More U.S. companies doing deals to avoid U.S. taxes: Congress study
July 8th, 2014
Seventy-six U.S. corporations have shifted their tax domiciles out of the United States to other countries since 1983 to avoid U.S. taxes, with a sharp increase recently in such deals, a policy research arm of Congress said on Monday. ...
U.K. Stocks, Power-Tax Rebates, Bonus Remarks: Compliance
July 7th, 2014
Britain’s markets regulator should investigate whether the closing prices of stocks are being manipulated, according to lawmakers. Conservative Mark Garnier pressed for the investigation by the Financial Conduct Authority at a July 3 hearing of the Treasury Committee in ...
Australia Announces Exploration Development Incentive
July 7th, 2014
The Australian Government has announced a new Exploration Development Incentive (EDI) that will assist junior explorers in raising capital from private sector investors through a refundable tax offset. The legislation is still being finalized, but Acting Assistant Treasurer Mathias ...
Can investors win in a new era of accounting?
July 4th, 2014
Big changes over global accounting standards go into effect in 2017, and they could greatly influence how profitable companies are perceived. Like an operating system runs a computer, revenue makes a company go; nothing happens until somebody sells something. ...
New regulation of financial advisers providing tax advice in Australia
July 3rd, 2014
From 1 July 2014, the Tax Practitioners Board (TPB) regulates financial advisers who provide tax (financial) advice services under the Tax Agent Services Act 2009 (Cth) (TASA). Until now, financial advisers have been exempt from the TASA regime. Financial ...
American Express ‘Take It or Leave It’ Rule Goes on Trial
July 3rd, 2014
American Express Co. (AXP) drives a hard bargain with businesses that want to attract its affluent cardholders: treat the card like any other form of payment despite higher processing costs if you want those customers. The lender prohibits businesses ...
