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tax

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BofA Tax Set-Aside and Wylys Penalty

25/08/2014(0)
Bank of America Corp. must set aside $490 million of its Aug. 21 $16.7 billion settlement to cover taxes that borrowers face on forgiven mortgage debt — a step ... Read More
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Samsung Told by Tax Man to Use Apple-Topping Cash: Korea Markets

21/08/2014(0)
Samsung Electronics Co. is sitting on a cash pile 58% bigger than Apple Inc. (AAPL)’s war chest. The tax man has a message for South Korea’s biggest company: “Use ... Read More
bitcoin-coins

Bitcoins to be taxed like shares

20/08/2014(0)
BITCOIN and other crypto-currency investors will have to pay capital gains tax on the sale of these assets, according to new guidance by the Australian Taxation Office. People in ... Read More
tax

Tax Burden in U.S. Not as Heavy as It Looks, Report Says

19/08/2014(0)
For years, chief executives have complained bitterly about the United States corporate tax code, arguing that it is too complicated and that rates are too high. The issue has ... Read More
taxes

Expo Milano 2015 Tax Breaks Announced

18/08/2014(0)
In advance of the next Universal Exposition, which will be held from May 1 to October 31, 2015, in Milan, the Italian Revenue Agency has issued details of favorable ... Read More
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Tax on online advertisements bring discontent to e-tailers in Bangalore

11/08/2014(0)
With Budget 2014 re-introducing service tax on online and mobile advertising, e-commerce industry facing the direct brunt of it has now adopted a wait and watch strategy. But they ... Read More
HongKong

Hong Kong Plugs Captive Insurance To Mainland Companies

07/08/2014(0)
The Permanent Secretary for Financial Services and the Treasury, Au King-chi, outlined Hong Kong’s plans to promote captive insurance for Mainland Chinese companies. Au said that, as “financial co-operation ... Read More
seychelles

Seychelles Able To Avoid More Tax Measures

06/08/2014(0)
The Seychelles Government has announced temporary financial measures, which will lead to higher interest rates and reduced lending, but which, it was said, will not be joined by any ... Read More
jacob lew

Treasury seeks ways to block tax inversions

06/08/2014(0)
The Treasury Department is exploring ways to unilaterally block a surge of U.S. companies shifting their headquarters overseas in search of major tax savings. The new escalation of the ... Read More
tax avoidance

HMRC: Tax avoiders have opportunity to settle their issues

01/08/2014(0)
Around 16,000 tax avoiders are to be given the chance to settle their outstanding liabilities with HM Revenue & Customs, the department has confirmed. On average, each of the ... Read More
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