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Australia to start register of foreign ownership of water rights

2016-02-22 06:15:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: The Australian government said on Monday it plans to start a register of foreign ownership of water rights, redoubling its efforts to appease voters concerned about the amount of farming assets being sold offshore. Nine months after the government said it would force foreign owners of farmland to register, Treasurer Scott Morrison said the government plans to introduce laws to create a separate register of foreign ownership of water rights by Dec. 1. "Our agricultural land and water resources are...

Tags: rights start register water

 

Russia wants to raise taxes for foreign tech companies

2016-02-09 08:46:00| Telecompaper Headlines

(Telecompaper) Russia's new government internet advisor German Klimenko is pushing to raise taxes on US companies such as Google, Apple and Microsoft, in order to level the playhing field for Russian competitors such as Yandex and Mail.ru. In an interview with Bloomberg, Klimenko isaid he was putting his support behind a bill that would apply an 18 percent value-added tax to the total revenues that Google, Apple and other foreign companies earn each year in Russia, estimated at around RUB 300 billion (USD 3.9 billion).

Tags: companies tech foreign taxes

 
 

Foreign Investors Plan to Buy More U.S. Apartment Properties

2016-02-02 09:00:00| National Real Estate Investor

Foreign buyers continue to find multifamily properties highly attractive. read more

Tags: buy plan properties foreign

 

B.C. studying foreign ownership in real estate market, premier says

2016-02-02 08:08:00| Real Estate - Topix.net

The province is examining the potential impact of foreign ownership on real estate in B.C. Premier Christy Clark says the agency that manages and administers subsidized housing in British Columbia is studying the level of foreign investment in the real-estate market. Housing affordability is a hot topic in Vancouver, where the rental-vacancy rate is below one per cent and the average price of a home on the west side is now more than $2.5 million.

Tags: real estate market says

 

AK Steel losses mount as foreign competitors hurt sales

2016-01-27 14:24:25| Steel - Topix.net

AK Steel grew sales in 2015 to approximately $6.7 billion thanks partly to the acquisition of a new steel plant in Michigan the year before as well as a strong automotive market, the company reported Tuesday. However, it wasn't enough to fend off an 11 percent decline year-over-year in average steel selling prices, as the steelmaker contended last year with an oversupplied global market.

Tags: sales foreign steel mount

 

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