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tax
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With the threat of a 35 percent Border Tax on all cars manufactured in Mexico and sold in the United States, some Car Manufacturers decide to invest in improving US-based plants instead of opening new ones in Mexico. -
Report: Trump's Debt Spread Across 150 companies
The latest report of U.S President-elect Trump's financial overview could potentially create unavoidable conflicts. -
Madras High Court sustains provision against foreign tax havens
A Madras high court has upheld the validity of a legal provision designed to curb inflows of dirty money from countries known to be tax havens. -
Pennsylvania Legalized Medical Marijuana After The Bill Was Signed Into Law on Sunday
The U.S. state of Pennsylvania has legalized the use of medical marijuana, as stated in a bill signed by Governor Wolf on Sunday. The bill regulates the whole process of medical marijuana uses, from certifying growers to identifying patients that would get access to the medical marijuana. -
Australia probes more than 800 wealthy individuals over Panama papers
More than 800 wealthy Australians are under investigation by the Australian Taxation Office for possible tax evasion linked to their alleged dealings with a Panama-based law firm. -
Congress approves permanent ban on Internet access tax
The U.S. Congress has approved a legislation to permanently ban Internet access taxing by state and local governments. The measure heads to President Barack Obama to be signed into law. -
Google defends $185 million tax settlement with the British tax authorities, claims it was not a "sweetheart deal"
Google settled with the UK government by paying US$ 185 million in taxes. There were allegations that it was a "sweetheart deal" and the European Commission may get involved which could mean more taxes for the US tech company. -
New EU rules to curb tax avoidance among giant multinational firms, following Google’s £130m “sweetheart” tax deal with HMRC
The European Commission proposed new guidelines to stop large companies from avoiding tax in EU countries, like what happened to Google and UK’s HMRC. -
Public Accounts Committee to probe HMRC, Google execs over £130million 'sweetheart' tax deal
The Public Accounts Committee will probe the £130million 'sweetheart' tax deal between HMRC and Google. The tech giant said, it doesn’t have to pay too much tax to UK. -
Portugal’s public sector stage strike demanding end of austerity, 35-hour work week
Portugal’s CGTP, FNSTFPS union workers will stage a strike to end austerity measures quickly and demand to hasten the implementation of 35-hour work week. -
Barcelona star Javier Mascherano sentenced to jail for tax fraud but unlikely to serve prison time
Javier Mascherano has been sentenced to a year in prison and fined 815,000 euros for tax offences in Spain. But Mascherano's lawyer requested the prison sentence to be substitued for the fine. -
US Treasury sued over 150 NGOs' $280bn tax-deductible aid to Israel
The US Treasury Department is sued for the 150 NGOs that have donated as much as $280 billion tax-deductible funds to the Israeli military in the past 20 years. -
Austrian brothel offers free sex in tax protest
An Austrian brothel is offering customers free sex in a summer-long protest over what its owner sees as punitive tax payments. -
Capitol lockdown ends after man shoots himself dead
A man shot himself dead in front of the U.S. Capitol on Saturday, police said, sparking a temporary security lockdown at the complex on one of the busiest days for tourists in Washington. -
HSBC says sorry over past standards at Swiss bank
HSBC apologized to customers and investors on Sunday for past practices at its Swiss private bank after allegations that it helped hundreds of clients to dodge taxes. -
Hungary PM Orban: U.S. uses corruption charges to gain influence
The United States is using corruption allegations against some Hungarian public officials as a "cover story" to boost its influence in central Europe amid the Russia-Ukraine conflict, Prime Minister Viktor Orban said on Tuesday. -
Major parties lose ground in Brazil's Congress after election
Brazil's major parties lost ground to a dozen smaller groups in Congress in Sunday's election, making it harder for the next president to form a stable coalition needed to undertake economic reforms and control government spending. -
U.S. Senate Democrats propose exit tax for inverting companies
Two Senate Democrats want to force U.S. companies to pay an exit tax on any profits held overseas if the companies decide to reincorporate abroad to cut their tax bills, the latest in a slew of proposals to stem such "inversion" deals. -
Biden apologizes for 'Shylocks' gaffe, visits Iowa
Vice President Joe Biden apologized on Wednesday for referring to people who squeeze U.S. military personnel serving overseas on loans and other financial issues as "Shylocks," a reference to a stereotypical Jewish character in Shakespeare.
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