49 results returned for search: "tax reform commission AND " category "Business"
Government will save an estimated $25 million this year by freezing most vacant Government jobs, Finance Minister Bob Richards yesterday told a post-Budget Chamber of Commerce meeting.
And he said that Government planned to introduce measures to make...
DATE: Feb 24, 2015
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
LONDON (Bloomberg) — The UK became the latest country to take aim at multinational tax avoidance, announcing a new levy on companies that “artificially” shift their profits into havens, a move prompted by growing international outrage at manoeuvres u...
DATE: Dec 05, 2014
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With just a week to go before Budget Day, the Progressive Labour Party is challenging Government to keep its election campaign promise to reduce the debt without cutting services.
Shadow Finance Minister David Burt is also questioning Government’s st...
DATE: Feb 15, 2013
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CATEGORY:
Economy
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NEW YORK (Bloomberg) — Google avoided about $2 billion in worldwide income taxes in 2011 by shifting $9.8 billion in revenues into a Bermuda shell company, almost double the total from three years before, filings show.
By legally funneling profits fr...
DATE: Dec 11, 2012
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Other
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Wireless digital TV provider WOW has moved to “distance itself” from a long-running dispute that could see Bermuda CableVision dump ZBM/CBS and ZFB/ABC from its line-up by the end of the year because it doesn’t want to pay Bermuda Broadcasting to inc...
DATE: Nov 17, 2011
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CATEGORY:
Local Business
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PARIS (Bloomberg) The US and Japan must set out plans to reduce their budget deficits as the global economy expands, the Organisation for Economic Cooperation and Development said.
The budgetary efforts needed to “merely stabilise debt are substantia...
DATE: May 26, 2011
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CATEGORY:
Economy
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The Association of British Insurers said yesterday that the UK government must be careful in detailing its proposed changes in the taxation of foreign branches of UK companies, warning that the changes may not put into effect its desired outcome, acc...
DATE: Dec 10, 2010
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CATEGORY:
International Business
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Taxes and scams seem to go together hand in hand. While the Internal Revenue Service has long been subject to individuals claiming that there is no law stating that they must pay tax, individuals who owe the Internal Revenue Service large sums of mon...
DATE: Oct 28, 2010
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CATEGORY:
Other
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NEW YORK (Bloomberg) - Google Inc. cut its taxes by $3.1 billion in the last three years using a technique that moves most of its foreign profits through Ireland and the Netherlands to Bermuda.
Google's income shifting — involving strategies known t...
DATE: Oct 22, 2010
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CATEGORY:
Other
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BEIJING (AP) — China will impose nationwide a tax on oil and gas drilling and other resource industries to raise money for development in poor western regions, an official said yesterday.
Beijing is carrying out a test of such a tax in its oil-rich w...
DATE: Jul 09, 2010
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CATEGORY:
Other
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