Search Results for: taxes
Ireland Considers changes on Corporate Tax
October 13th, 2014
Multinational companies are bracing for their last serving of the “Double Irish.” Ireland is expected on Tuesday to announce changes to its tax code that could eventually close one of the world’s most famous corporate-tax loopholes, dubbed the Double ...
Tax Cuts In Greece’s First Balanced Budget In Decades
October 8th, 2014
Greece’s 2015 Budget, released on October 6, 2014, includes reductions to the solidarity tax on earners and a 30 percent cut on the tax on heating oil, as part of the Government’s pledge to begin to unwind the austerity ...
Politicians must decide on tax changes said ACCA
October 6th, 2014
Politicians of every party face a stark choice between raising taxes or cutting spending, ACCA (the Association of Chartered Certified Accountants) has claimed as the Liberal Democrats autumn conference continues. Chas Roy-Chowdhury, head of taxation at ACCA, said ahead ...
Incoming antitrust head promises action on tax deals
October 3rd, 2014
Europe’s incoming antitrust chief has promised a tough line on state-subsidised tax avoidance, saying she will “send a signal” with the speedy conclusion of probes into deals with the likes of Apple, Fiat and Starbucks. At her European parliament ...
Tax Tactics Threaten Public Funds
October 2nd, 2014
When the European Commission charged this week that Ireland’s sweetheart tax treatment of Apple amounted to an illegal corporate subsidy, the company said that it had done nothing wrong. Corporate tax strategies intended to minimize global taxes, by hook ...
Drug patents held overseas can pare makers’ tax bills
September 30th, 2014
As the Obama administration tries to stop companies from avoiding taxes by moving their headquarters overseas, the makers of some of the world’s most lucrative and expensive medicines are using another tactic to reduce their payments to the government. ...
Prada’s CEO being investigated by Italian authorities over tax
September 29th, 2014
Italian luxury fashion house Prada SpA said on Monday its chairwoman Miuccia Prada and her husband, chief executive officer and fellow shareholder Patrizio Bertelli, are under investigation by Italian authorities over past taxes. The Hong Kong-listed company said in ...
Yahoo must take essential decision once again
September 26th, 2014
Yahoo, more than any other investor, should have benefited from the public market debut last week of Alibaba, the Chinese e-commerce giant. The company sold Alibaba shares worth $6 billion after taxes, and its remaining stake is valued at ...
Switzerland seeks Double Tax on PEs
September 24th, 2014
The Swiss Federal Council has launched a consultation on changes to the flat-rate tax credit, which seeks to ensure double tax relief for permanent establishments of companies that are located in Switzerland. The proposed change affects permanent establishments in ...
German Companies continue their business activity
September 23rd, 2014
A rare bright spot in the European economy in recent years, many of the biggest German companies have begun capitalizing on their strength, striking big deals for overseas competitors. Germany’s businesses have been the rare bright spot in the ...
