Brazilian tax revenue falls 2.6% in July
Revenue from the two main corporate taxes declined an inflation-adjusted 36.1%, to BRL16.2 billion. Revenue from the personal income tax increased an inflation-adjusted 18.2%, to BRL2.1 billion. In July of last year the tax agency received a one-time ...www.marketwatch.com
7 Biggest Tax Mistakes New Startups Make
For example, owners of C corporations pay a corporate income tax as well as their individual taxes. Knowing the tax laws associated with each of the entities will help. Not understanding your tax obligations. Once companies start earning revenue, there ...www.forbes.com
Corporate Tax Myths
In the The Wall Street Journal today, John McKinnon and Scott Thurm revive the zombie of too-high corporate taxes causing businesses to flee offshore.www.policyshop.net
Policy & Enforcement Briefing: 54.5 MPG, Carbon Tax Revenue, Solyndra Tax ...
Here's the latest policy, enforcement and legal news affecting corporate environmental and energy executives. Today's briefing includes eight items.www.environmentalleader.com
The tax on captive profits: Penny wise and pound foolish
A glaring example is the gigantic drug company Teva, Pharmaceutical Industries which pays no corporate tax in Israel while accumulating billions of tax-free shekels a year. This is ... This pardon would relinquish tens of billions of shekels in tax ...www.haaretz.com
Philly Should Skip the Special Corporate Tax Breaks Rat Race
Philly should focus its spending on providing quality public goods and services, trying to make the city a great place to live, rather than participating in the pointless corporate tax subsidies rat race. If the city wants to create more demand for ...www.keystonepolitics.com
Clock ticks on tax challenges
It is even more difficult to fight the tax department when it has written all the rules of how the fight will proceed. The first rule of a tax dispute is that taxpayers who object to their assessments from the Canada Revenue Agency (CRA) must file a ...www.vancouversun.com
Tax-News Corporate Tax Review - Tax Rates
Despite ongoing pressure to increase tax revenues, a lot of governments have realised that when it comes to corporate tax, the best way to boost the tax take is to encourage corporate expansion, encouraging business start-ups and investment generally ...www.tax-news.com
Companies Evade Taxes By Moving Business Oversees
It also told analysts that the tax benefits would save the company about $160 million a year, beginning next year. In June, the Internal Revenue Service tightened an exception that had allowed companies to move to countries in which they have ...www.jobsnhire.com
PROOF: Taxes rich dodge would pay off deficit
Conservatives force the deficit issue, ignoring job creation, and insisting that tax increases on the rich wouldn't generate enough revenue to balance the budget. They're way ... Worse yet, it's a $500 billion shortfall from the 35% statutory corporate ...rimcountrygazette.blogspot.in
Smith, Lamontagne tout business tax cuts in gubernatorial pitches
It is on reducing the business tax rates, which are a major source of state revenue, on New Hampshire businesses, where some differences emerge.www.seacoastonline.com
The Morning Ledger: Lower Taxes Lure More U.S. Firms Abroad
Even if lawmakers manage to agree on an overhaul, some companies worry that lowering the general corporate tax rate would mean eliminating valuable tax breaks. For companies that leave the U.S., the appeal of lower taxes "is still there, but people now ...stream.marketwatch.com
Republicans Dodge Tax Details While Offering Rate Cuts
Republican presidential candidate Mitt Romney, vice presidential candidate Paul Ryan and U.S. House members don't say what tax breaks they would limit or eliminate to offset the more than $4 trillion cost of cutting individual and corporate income tax ...www.businessweek.com
Companies Desperately Fleeing Super-Low US Tax Rates: Report
The WSJ, for example, has run two news stories in the past two days about companies straining against the bonds of outrageously high U.S.www.huffingtonpost.com
The tax on captive profits: Penny rise and pound foolish
A glaring example is the gigantic drug company Teva, Pharmaceutical Industries which pays no corporate tax in Israel while accumulating billions of tax-free shekels a year. This is ... This pardon would relinquish tens of billions of shekels in tax ...www.haaretz.com
Brazil Tax Revenue Fell 2.6% on Year to BRL87.9 Billion in July
BRASILIA--Brazil's federal tax revenue fell in July from the same period a year earlier as collections of the main corporate taxes declined sharply, the tax department said Monday. The tax agency said revenue fell 2.6% to 87.9 billion reais($43.3 ...www.nasdaq.com
Punjab takes taxation route to boost revenue
The cabinet approved the state local government department's proposal to levy property tax on unit-area basis. The tax would be payable on self-assessment basis, based on the actual market value of the property, to be determined by municipal ...www.hindustantimes.com
Republicans Vow to Transform Obama's U.S. With Low Tax, Freedom
The platform reflects the influence of presidential candidate Mitt Romney, offering as the remedy for the nation's economic ills a familiar recipe of low taxes, light regulation, expanded oil drilling and free enterprise. It vows to reduce personal and ...www.sfgate.com
Monthly Budget Gap Surprises British Government
LONDON - The British government's finances veered further off track in July after higher spending and a shortfall in corporate tax revenue led to an unexpected deficit in a month that normally brings strong tax receipts. After nine months of recession ...www.nytimes.com
Cape's hotel, restaurant tax revenue up for second consecutive year
Additional income from rising hotel and restaurant tax revenue will allow the city to pay off bonds used to build Southeast Missouri State University's River Campus sooner than expected.www.semissourian.com
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