Wednesday, May 16, 2012

TAXATION.: Google Alert - indirect taxation

News26 new results for indirect taxation
?Indirect tax mop-up rises 10% in April
Financial Express
New Delhi: The Centre's indirect tax collections have risen 10% in April to R32,000 crore as against just over R29,000 crore garnered in the same month of the previous year. Coming on top of a 3.5% contraction in industrial production in March, ...
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St Lucia Eyes Income Tax Cuts, After VAT Implementation
Tax-news.com
by Amanda Banks, Tax-News.com, London The government of Saint Lucia has outlined new tax measures in its latest Budget to shift the tax burden from direct to indirect taxes. According to the government, it is proposed that the impact of the value-added ...
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Property taxes are unconstitutional
Idaho Press-Tribune
If the government needs money for any legitimate purpose, it should obtain those funds through indirect taxes such as limited sales tax on all retail sales. I quote the Preamble to the Constitution, "We the people of the United States, in order to form ...
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Statement by the IMF Mission to Italy (Text)
BusinessWeek
Headline inflation is expected to ease only gradually, as the impact of weak demand will be partly offset by higher indirect taxes. The risks to the outlook are tilted to the downside. Renewed financial turmoil could push government bond yields higher, ...
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HP Loses in Tax Court to IRS
Accounting Today
based computer maker claimed capital loss deductions and over $178 million in indirect tax foreign tax credits as a result of the investment and sued the IRS for nearly $200 million in tax refunds in 2009. But Judge Joseph Goeke ruled Monday that HP ...
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Unpopular austerity measures on way, say Pranab
Deccan Herald
We are pursuing (reforms in direct and indirect taxes)". Referring to members mentioning about the Finance Minister biting the bullet, Mukherjee said, "I am not hesitating to bite the bullet if it achieves the goal, not if it is ending in a fiasco.
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Defence: More tight budgets ahead
The Interpreter
The Commonwealth's revenue base has been substantially undermined not simply by the global financial crisis but by erosion of direct taxes following concerted income tax reductions and by structural change affecting the return from indirect taxation.
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DPJ asked LDP to have top-level meeting during Golden Week to break deadlock
Mainichi Daily News
During the meeting, the prime minister asked the LDP for cooperation in ensuring bills aimed at raising the 5 percent indirect tax levied on virtually all goods and services become law during the current Diet session. In response, Tanigaki demanded ...
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Oregon's Missed Opportunity for Tobacco Prevention; Master Settlement ...
The Lund Report
May 15, 2012 -- Tobacco costs Oregonians at least $2.4 billion a year in direct and indirect costs related to smoking and tobacco use. That's over $13 per pack of cigarettes sold, nearly three times what the smoker pays. A recent report by the American ...
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War crimes judges hear Taylor's sentencing pleas
WGME
Defense attorneys argued for a sentence reflecting Tayor's indirect role: he was found guilty of aiding rebels, not leading them as prosecutors charged. Taylor might apologize in hopes of a lighter sentence, but he plans to appeal the conviction.
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PC's Economic Performance and Prospects Brief
Pakistan Daily Times
This implies that net tax collection is up by 24.1 percent and it has achieved 65 percent of full year target of Rs 1.952 trillion for 2011-12. The growth in taxes is evenly distributed between direct and indirect taxes. Within indirect taxes, sales ...
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Vodafone-like cases can be reopened in 6-yr window
Business Standard
Companies entering into Vodafone-like transactions could now be pursued by the income tax department for up to six years after payment to the seller of a capital asset. The Finance Bill has amended the Income Tax Act to allow the tax department to go ...
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Rail jobs: How many, when and how?
KHON2
"It's the indirect and direct total jobs," said Dan Grabauskas, CEO of the Honolulu Authority for Rapid Transportation "There's a whole calculation that goes into literally direct jobs people who are hired by the contractors and subcontractors -- then ...
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CONTINENTAL COAL LTD : Operations and Penumbra Update
4-traders
EBITDA of ZAR4.8m (after mining, processing, administration, royalty, management fees to CCL and indirect costs) for April 2012 was a +50% increase on average monthly EBITDA of ZAR3.0m achieved in the previous quarter. Year to date ROM coal production ...
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Audit notes: Commercialization, GM and Facebook, Saverin's Taxes
Columbia Journalism Review (blog)
It was only thanks to America?thanks to the American government's direct and indirect investments in science and technology; thanks to the US justice system; the relatively safe and fair investment climate made possible by that justice system; ...
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Are Cameron's Conservatives Britain's true progressives?
Policy Network
Unlike, say, shifts from direct to indirect taxation, cutting back on state subsidies that go to the relatively well-off is not inherently regressive ? at least in the short term. In the long term, however, the result of, say, removing Child Benefit ...
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Government is largest employer in most Florida counties
Naples Daily News
"Putting aside the roles public entities are assigned to fulfill, it is important that Floridians understand that for many of the largest employers in their county, their payrolls are paid by tax dollars," the non-partisan Tallahassee-based group ...
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Digital River Announces Results of International Commerce Survey
EON: Enhanced Online News (press release)
Survey respondents reported that tax and compliance issues seem to have the highest "degree of difficulty" when it comes to commerce, with 65 percent of respondents rating it as significantly challenging. More than half of the respondents also rated ...
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Centerbridge Partners Commences $51.50 Per Share Cash Tender Offer for All ...
MarketWatch (press release)
Upon the successful closing of the tender offer, stockholders of PF Chang's who tendered their shares in the tender offer will receive $51.50 per share in cash, without interest and less any required withholding taxes. Parent and Purchaser are newly ...
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Leo Hindery, Jr.
Huffington Post
Yet traditional jobs programs -- whether training or tax breaks or credits -- are by nature 'smallish' and can create at most thousands of jobs and certainly not the millions we need. With the largely jobless recovery continuing -- only 115000 new jobs ...
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