Search Results for: taxes
European Court Rules Against Italy’s Gambling Tax Rules
October 29th, 2014
The European Court of Justice has ruled against Italian gambling tax legislation, which taxes winnings from games of chance that are obtained in other EU member states but exempts such winnings obtained in Italy. The Court said that by ...
Swiss officials search Sarasin bank in German tax probe
October 24th, 2014
Swiss authorities have searched the offices of private Bank J. Safra Sarasin as part of a probe led by German prosecutors into dividend stripping, an investment strategy that can be used to help clients avoid taxes, a Zurich prosecutor ...
Accountants Discuss Scottish Tax Powers
October 24th, 2014
The Institute of Chartered Accountants Scotland (ICAS) has said that the issues involved in devolving further tax powers to Scotland are wide ranging and complex. In a report prepared ahead of the first meeting of the Smith Commission on ...
Investing: Can you retire on $1 million?
October 24th, 2014
Probably. But you have to be smart about your investments and your withdrawals. some tips. If you read any financial advertising, you know that your savings are inadequate, and you’re likely to freeze to death in the dark a ...
EU Reaches Trade Deal With East African Community
October 22nd, 2014
The European Union has said the conclusion of a new trade deal with the East African Community (EAC) means that EAC countries no longer have to worry that their improving economic status will lead to the loss of full ...
Chiquita shares fall ahead of key investor vote
October 21st, 2014
Chiquita shares fell after a top shareholder rejected the firm’s plan to buy an Irish rival. Shares of Chiquita Brands International (CQB) closed down sharply Monday after a major institutional investor in the banana market giant said it would ...
New Report Charts EU Tax Policy Changes In 2014
October 16th, 2014
The European Commission has published a new report detailing key tax reforms implemented by European Union member states during 2014 and identifies the main policy challenges they are said to face. The report notes that the tax burden on ...
Canada To Implement 2014 Budget Tax Provisions
October 15th, 2014
The Canadian Government has tabled a detailed Notice of Ways and Means Motion to implement tax provisions contained in its 2014 Budget, along with a number of previously unannounced measures. Finance Minister Joe Oliver said: “Canada’s Economic Action Plan ...
Ex-UBS Banker Tax Trial Rides on Underling’s Credibility
October 14th, 2014
Raoul Weil, once the head of UBS AG ’s global wealth management business, faces a criminal trial that may turn on the credibility of a former subordinate who says he and Weil helped Americans evade taxes. Jury selection is ...
Italy on Sale to Chinese Investors as Recession Bites
October 13th, 2014
Clotilde Narzisi and Luca Soliman have run the Caffe Orefici, 200 feet from Milan’s iconic Duomo Cathedral, for 10 years. Forced to sell their business because of high taxes, they say their only hope now is to leave it ...
