Search Results for: taxes
In Japan, Moves to Stimulate Economy Reach a Critical Stage
November 6th, 2014
In Japan – Hiroyuki Hara has increased prices at his flower shop in recent months, part of a broad reversal of the deflation that has long plagued Japan’s economy. Japan’s audacious campaign to reinvigorate its economy is entering a ...
Companies sign secret tax deals with Luxembourg: report
November 6th, 2014
More than 300 companies, including PepsiCo Inc(PEP.N), AIG Inc (AIG.N) and Deutsche Bank AG (DBKGn.DE), secured secret deals from Luxembourg to slash their tax bills, the International Consortium of Investigative Journalists (ICIJ) reported, quoting leaked documents. The companies appear to have ...
A Recent Surge of Leveraged Loans Rattles Regulators
November 5th, 2014
As regulators hunt for the next financial bubble, they are homing in on an obscure corner of Wall Street: the debt market where Tom Shannon’s company, a chain of flashy bowling alleys, recently borrowed nearly half a billion dollars. ...
Apple Issues Bonds in Euros for First Time
November 5th, 2014
When you are as rich as Apple and you want to make investors happy, you issue debt. That is what the company has done for investors over the last year and a half. On Tuesday, Apple issued debt for the first time ...
Accountants Warn Against UK 50 Percent Income Tax Rate
November 5th, 2014
High earners in the UK would pay 24 percent more tax than the current global average if the Labour Party succeeds in reintroducing the 50 percent tax rate, according to international accountants UHY Hacker Young. According to the firm, ...
Jury acquits ex-Swiss banker in tax-dodging case
November 4th, 2014
Raoul Weil acquitted of charges he helped wealthy Americans to hide $20B from the IRS. A federal jury acquitted a former top Swiss banking executive of U.S. charges that he conspired with wealthy Americans to hide $20 billion in ...
Argentina suspends P&G over tax claims
November 3rd, 2014
Argentina has banned the consumer products giant Procter & Gamble (P&G) from doing business in the country, accusing the firm of tax fraud. A statement on the presidential website, published on Sunday, said P&G had inflated the price of ...
UK taxpayers learn how much of their money goes on welfare
November 3rd, 2014
Taxpayers will for the first time receive their Annual Tax Summary, which will show how much tax the person has paid and to which government departments the money has gone. HM Revenue & Customs will begin sending out the ...
China Planning Additional Free Trade Zones
October 30th, 2014
Chinese President Xi Jinping has said that, after more than a year since Shanghai’s pilot free trade zone (FTZ) was first launched, its example should now be copied in more provinces as soon as possible. About 12,000 businesses have ...
European Stock-Index Futures Advance After Fed Ends QE
October 30th, 2014
European stock-index futures rose, indicating European equities will extend a two-day gain, after the Federal Reserve judged the U.S. economy strong enough to end its asset-purchase program. U.S. index futures were little changed, while Asian shares retreated. Bayer AG ...
