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1-10 results from 1000 for query «taxes»

January 12, 2018 8:06 PM U.S. Supreme Court takes up state online sales tax dispute

WASHINGTON, Jan 12 (Reuters) - The U.S. Supreme Court on Friday agreed to decide whether to expand the ability of states to require online retailers to collect sales tax, taking up South Dakota's dispute with three e-commerce companies. South Dakota, appealing a lower court decision that favored Wayfair Inc, Inc and Newegg Inc, is asking 8

January 9, 2018 1:39 AM AP FACT CHECK: Trump inflates the size of his tax cuts

NASHVILLE, Tenn. (AP) - President Donald Trump is misstating the size of his tax cuts. Trump told a convention of the American Farm Bureau Federation in Tennessee on Monday the package he signed into law last month cuts taxes by $5.5 trillion, "with most of those benefits going to working families, small businesses and ... the family farmer." The estimated

January 3, 2018 12:26 AM Is Apple set to use £185bn cash pile from US tax amnesty to buy Netflix?

Apple could use US tax reforms to swoop on video streaming firm Netflix. A tax amnesty could allow the American tech giant to repatriate its £185billion foreign cash pile, giving it a huge war chest to bankroll takeovers, say Citi analysts. They predicted its most likely target would be Netflix, which has a market capitalisation of £64billion. In a research 15

January 2, 2018 7:34 AM BP expects U.S. earnings uplift from tax reform

Jan 2 (Reuters) - British energy company BP expects a positive impact on future post-tax earnings from the United States after the changes to U.S. corporate taxes, it said on Tuesday. The company said that the lowering of the U.S. corporate income tax rate to 21 percent from 35 percent requires revaluation of BP's U.S. deferred tax assets and liabilities 7

January 2, 2018 7:27 AM BP outlines impact of Trump tax reforms

Energy giant BP expects to benefit from US President Donald Trump’s tax reforms, but will take a one off 1.5 billion US dollars (£1.1 billion) hit from the sweeping changes. The company said on Tuesday that the reduction of the US federal corporate income tax rate from 35% to 21%, which came into force on Monday, will mean its future US earnings will be “positively 6

December 29, 2017 4:07 AM China offers tax break to keep investors after US changes

BEIJING (AP) - China is offering foreign companies a tax break in a bid to retain investment in response to changes in U.S. and other foreign tax laws. The Finance Ministry said Thursday companies will be exempt from withholding taxes on profits so long as they are re-invested in industries specified by Beijing. The exemption is retroactive to Jan. 1, 2017, meaning 1

December 22, 2017 1:17 PM UK household savings at 'historically low' levels as disposable incomes are squeezed

Households are saving less, taking on more debt and reining in spending as a mix of Brexit-induced higher inflation, falling real wages and austerity measures weigh on family budgets. Official data out today paints the picture of a country where the recent growth in spending is becoming increasingly unsustainable as it has outstripped disposable incomes 8

December 18, 2017 3:01 PM IKEA is investigated by EU over claims that it avoided paying nearly a BILLION EUROS in taxes through Dutch scheme

The EU launched an investigation into the Swedish furniture retailer Ikea on Monday over claims the company avoided paying nearly one billion euros (£880,000) in taxes. State aid regulators will investigate whether Ikea's tax arrangement with the Netherlands helped cut its tax bill - the latest crackdown on unfair tax deals between multinationals and EU countries 9

December 18, 2017 2:55 PM 'I beat cancer 2x to see you!' Jay Z brings survivor on stage after seeing her sign during 4:44 concert

He's one of the biggest rappers in the game with an arsenal of hits under his belt. The Run This Town musician spotted Christina Cruz carrying a glittering sign begging for a hug near the front row of his 4:44 tour stop at the Oracle Arena. The duo embraced in a warm hug while fans could be heard screaming wildly in support of the chance encounter 5

December 10, 2017 12:01 AM Italy hatches shocking plan to 'LEAVE the euro'

ITALY is secretly hatching plans to sideline the euro and set up a parallel currency. The certificates, known as CCFs, give workers and businesses tax breaks to boost income and productivity. Although not legal tender, everybody can use them to pay taxes, buy government services or exchange them for goods or euros. According to a report by global analyst 14