Search Results for: law
Tesla wins court over direct sales in Massachusetts
September 16th, 2014
Massachusetts’ highest court on Monday threw out a lawsuit seeking to block Tesla Motors Inc (TSLA.O) from selling its luxury electric cars directly to consumers in the state, enabling it to bypass traditional dealerships. The state’s Supreme Judicial Court ...
CEO of tax specialist cleared of wrongdoing after HMRC climb down
September 15th, 2014
The chief executive and a former director of the tax specialist arm of financial group Montpelier have been cleared of cheating the public revenue of £1m, after HM Revenue and Customs (HMRC) dropped the case against them. Watkin Gittins, ...
Japan’s Prime minister ‘neutral’ on whether to raise sales tax
September 15th, 2014
Japanese Prime Minister Shinzo Abe said on Sunday he remained “neutral” on whether to proceed with a hike in Japan’s sales tax to 10 percent, adding that decision would hinge on the strength of economic indicators for the current ...
ASIC warns against unauthorised firm
September 15th, 2014
ASIC has issued a warning to consumers to be wary of a fake website promoting foreign exchange broker, First Forex. First Forex and related entities Fifx and FiFX Global promote their services at www.fifx.com and falsely claim that their ...
Carney Steering BOE in Scots Vote as Quebec Casts Shadow
September 15th, 2014
Mark Carney’s history is catching up with him. Having watched Quebec’s attempt to break away from his native Canada in 1995 while working at Goldman Sachs Group Inc. Scots go to the polls in three days, and with the ...
Brazilian Mogul faces charges of Insider Trading
September 15th, 2014
The Brazilian businessman Elike Batista was accused of manipulating the share price of his now-bankrupt petroleum company, OGX, and engaging in insider trading. The investigation from the public prosecutor began in April. If a trial takes place and Mr. ...
CySec warning against unauthorised firm
September 12th, 2014
The Cyprus Securities and Exchange Commission (CySec) wishes to inform the investors that the company ‘S.C. BINARY FLOOR ONLINE LTD’ (www.binaryfloor.com): 1. Is not permitted to provide investment and ancillary services in the Republic, pursuant to Investment Services and ...
Oscar Pistorius guilty of ‘culpable homicide’
September 12th, 2014
South African judge on Friday convicted athlete Oscar Pistorius of “culpable homicide” in the death of his girlfriend, Reeva Steenkamp. A conviction of culpable homicide, the term for manslaughter in South Africa, carries a maximum 15-year prison sentence. Pistorius ...
Scottish tax: Can meltdown be avoided?
September 12th, 2014
When Scottish electors cast their votes in the independence referendum on 18 September, a ‘no’ outcome would result in greater devolution of tax powers to Holyrood. By contrast, a ‘yes’ result in support of independence would create the need ...
’Tax Reform’ Cry Hampers Effort to Curb Inversions
September 12th, 2014
Republicans and business allies such as House Ways and Means Chairman Dave Camp and the U.S. Chamber of Commerce say they know the way to stop companies from changing addresses to cut their tax bills: Reform the tax code. ...
