Search Results for: tax
International law firm appoints team from PwC and establishes international tax disputes practice
February 3rd, 2017
Bird & Bird has today launched an international tax disputes practice based in the UK, with the appointment of a team from PricewaterhouseCoopers (‘PwC’). Andy Brown and Julian Balson join as partners, along with Ben Holloway as Legal Director, ...
IBM gives Watson a new challenge: Your tax return
February 2nd, 2017
In its first steps toward commercialization, IBM’s Watson took on grand, science-laden challenges like helping doctors diagnose cancer. But that is changing as IBM strives to build its artificial intelligence technology into a multibillion-dollar business. Today, companies including Geico, ...
Dijsselbloem warns the U.K for turning into a tax haven
January 30th, 2017
Jeroen Dijsselbloem warned Britain not to “take a crazy backward step” on Tuesday. In an interview with the Dutch RTL, the President of the Eurogroup said that turning Britain into a tax haven would hurt both Britain and the ...
IG Group reports Profit before tax up 6.7%
January 24th, 2017
IG Group Holdings plc (“IG”, “the Group”, “the Company”), a global leader in online trading, today announces results for the six months ended 30 November 2016. Financial Summary Net trading revenue(1) up 14% at £244.9 million Operating expenses up ...
Shipping Conglomerate and Former CFO Charged With Failure to Recognize Hundreds of Millions in Tax Liabilities
January 24th, 2017
The Securities and Exchange Commission today charged shipping conglomerate Overseas Shipholding Group (OSG) and its former chief financial officer Myles R. Itkin with failing to recognize hundreds of millions in tax liabilities in its financial statements that had accumulated ...
Shop owners in Conegliano Italy have been paying a local tax on shadow
January 20th, 2017
Shopkeepers in town in Veneto whose signs block light on public walkways are refusing to pay levy of €100 a year Goethe once wrote that where there is much light, there is also strong shadow. But for shop owners ...
Israel Welcomes Tax Info On Israelis in US
January 19th, 2017
The Israel Tax Authority (ITA) has confirmed that there have been reciprocal exchanges of information, on both American citizens in Israel and Israeli citizens in the United States, under the countries’ Foreign Accounts Tax Compliance Act (FATCA) intergovernmental agreement ...
Jakarta threatens Google with legal action in tax case
January 17th, 2017
The tax authority in Indonesian capital Jakarta threatened Google with legal action for failing to hand over transaction data for an investigation into a case alleging the internet giant avoided paying millions of dollars in taxes. Muhammad Haniv, head ...
Israel to Tax Digital Currency Sales as Property
January 17th, 2017
In a statement released this week, the Israel Tax Authority (ITA) announced that it has decided to treat digital currencies like Bitcoin as assets rather than as foreign currencies for the purpose of taxation. That announcement has come more ...
Donald Trump Is Threatening to Slap a 35% Border Tax On BMWs Built In Mexico
January 16th, 2017
President-elect Donald Trump has warned the United States will impose a border tax of 35% on cars that German carmaker BMW (BMWYY, -0.66%) plans to build at a new plant in Mexico and export to the U.S. market. Trump ...
