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Tag: tax
Budget 2016: Contentious tax issues, opportunity for Cairn, Vodafone
2016-03-01 05:45:55| Telecom - Topix.net
The government claims that Vodafone should have deducted capital gains tax when it made the USD 11 billion payment to Hutchison while purchasing its India assets. The government on Monday offered a one-time settlement to foreign investors to settle long pending tax disputes.
Tags: issues
opportunity
tax
budget
Union Budget 2016-17 live: Service tax to be levied on spectrum auctions
2016-02-29 12:57:36| Telecom - Topix.net
As a part of Union Budget 2016-17, FM Arun Jaitley has announced that service tax will be levied on spectrum auctions. There have been complaints about the spectrum prices in India being high .
Washington considers nation's first carbon emissions tax
2016-02-28 14:49:00| Climate Ark Climate Change & Global Warming Newsfeed
Associated Press: Washington could become the first state in the nation to impose a direct tax on carbon emissions from fossil fuels such as coal, gasoline and natural gas. A ballot measure before the state Legislature would create a carbon tax of $25 per metric ton of fossil fuel emissions burned in Washington, while reducing taxes. Lawmakers have until the end of the session on March 10, to enact Initiative 732, offer an alternative proposal or automatically pass the carbon-tax measure to voters in November...
Tags: washington
tax
carbon
nations
UBS charged with tax fraud in Belgium
2016-02-26 11:58:51| BBC News | Business | UK Edition
The Swiss banking giant UBS is charged with money laundering and serious and organised tax fraud in Belgium.
Tags: tax
belgium
charged
fraud
Tax group blasts Pfizer, urges stop to its tax-cutting deal
2016-02-25 20:00:59| Biotech - Topix.net
A consumer coalition is accusing drugmaker Pfizer of seeking to avoid $35 billion in U.S. taxes by buying fellow drugmaker Allergan, a deal structured to nominally move Pfizer's address to lower-tax Ireland, Allergan's home. In a report, Americans for Taxpayer Fairness says that would also slash New York-based Pfizer's future U.S. taxes.
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