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Tag: tax
Huge leak reveals elite's tax havens
2016-04-03 20:00:26| BBC News | Business | UK Edition
A huge leak of confidential documents from a Panamanian law firm reveals how the rich and powerful launder money, dodge sanctions and evade tax.
Big John Kasich donors among those in line for new Ohio job creation tax credits
2016-04-02 09:07:48| Steel - Topix.net
Two of the most generous financial contributors to Ohio Gov. John Kasich's presidential bid are in line to score state tax breaks for their companies incentives proposed by JobsOhio, a privatized development agency that Kasich created. The Ohio Tax Credit Authority, following the agency's recommendations this week, approved up to nearly $1 million worth of assistance for CC Kitchens LLC and Worthington Steel Co.
States fight surge in fake tax filings from identity thieves
2016-04-01 23:37:39| Electronics - Topix.net
In this Dec. 16, 2002, file photograph, Frank Abagnale, Jr. poses for a photo at the Four Seasons Hotel in Beverly Hills, Calif. Abagnale, a con man turned security consultant, has advised state governments to move cautiously when sending returns to taxpayers since fraudsters, many based outside of the United States, know that agencies cannot verify that all the returns are legitimate.
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Alaska Lawmakers Looking at Oil, Gas Tax Credit Changes
2016-04-01 14:32:00| Climate Ark Climate Change & Global Warming Newsfeed
Associated Press: Oil and gas tax credits are poised to be the subject of major debate as the Alaska Legislature enters what are supposed to be its final weeks. The oil and gas industry is warning against big changes at a time when the industry is being hit by low oil prices. The state, which has long relied on oil revenues to fund government, is feeling the effects of chronic low prices, too, and lawmakers face some unpopular options, including changes to the dividend that most Alaskans receive each year, as...
Will doubling Indias coal tax boost the clean energy sector?
2016-04-01 09:01:00| Climate Ark Climate Change & Global Warming Newsfeed
Climate Home: In the recently announced Union Budget speech, the Modi government doubled the carbon cess [tax] on coal, lignite and peat from US$ 2.96 per tonne to $5.94 per ton. This is the third time the cess is doubled since it was introduced. A move that began as a minor redistribution policy of taxing production of coal/lignite/peat (both domestic and imported), initially at $0.74 per tonne in 2010, aimed at redistributing revenue to fund clean energy projects in India. A pricing policy which started...
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