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Headline tax rate on UK oil and gas sector to reduce from 50% to 40%, says report
2016-03-24 10:58:00| Offshore Technology
The headline tax rate on the UK's oil and gas sector reduction to 40% from 50% or 67.5% for mature fields could lead to a value increase of up to 20% for new developments and up to 70% for older sites, according to new analysis from GlobalData.
France imposes new palm oil tax; Indonesia, Malaysia protest
2016-03-24 07:01:00| Climate Ark Climate Change & Global Warming Newsfeed
Mongabay: France has imposed a new levy on palm oil imports, amid protests from the governments of Indonesia and Malaysia, the two largest palm oil producers. The tax, part of a wider biodiversity bill, was imposed in the name of protecting the environment. Rapid oil palm expansion is fueling deforestation and social conflict in the tropics even as it drives economic growth. The two Southeast Asian countries say the tax is discriminatory under World Trade Organization rules, but France disputes that because...
Tax Season Helps Used Car Prices Continue to Soften
2016-03-24 02:19:37| AutomotiveDigest.com - Automotive Industry News
Tom Kontos Executive VP & Chief Economist ADESA Analytical Services February saw cumulative supply increasing, this time pushed further by the normal seasonal pattern of spring tax season. Prices continued to soften during the month, down from January. Wholesale used vehicle prices averaged $10,202 down 0.5% from January but up 0.3% compared to February […] The Article Tax Season Helps Used Car Prices Continue to Soften appeared first on Automotive Digest.
BIO Applauds Iowa Senate's renewable chemical tax credit passage.
2016-03-23 13:31:08| Industrial Newsroom - All News for Today
BIO applauded Iowa’s Senate for approving 5-year, $105 million production tax credit for renewable chemicals and helping to drive innovation in this new sector. Speaking on behalf of BIO, vice president of its Industrial and Environmental Section Brent Erickson pledged to support Iowa legislature, other states, and federal government in helping "to level the playing field in economic development incentives for renewable chemical and biobased manufacturing technologies."
"Cooler heads will prevail" on UK sugar tax - Coca-Cola Enterprises CEO
2016-03-23 10:16:00| Daily beverage news and comment - from just-drinks.com
The head of Coca-Cola Enterprises (CCE) has said the UK sugar tax on soft drinks is unlikely to proceed in its current form.
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