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What the Tax Credit Extension Means for the Waste Industrys Conversion to CNG

2016-01-12 10:20:00| Waste Age

The federal tax credit extension is good news for the waste and recycling industry's sustainability. read more

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Belgium's $762 Million Tax Loophole Shut in EU Payback Order

2016-01-12 02:08:33| Appliances - Topix.net

The European Union ordered Belgium to recover about 700 million euros in illegal tax breaks given to at least 35 companies, including Anheuser-Busch InBev NVand BP Plc, as regulators continued a crackdown on overly generous tax schemes throughout the 28-nation bloc. The European Commission told Belgium to recoup the full unpaid tax, saying that excess-profit rulings allowed global corporations to reduce their tax base by as much as 90 percent.

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EU unveils ruling on illegal tax breaks in Belgium

2016-01-11 15:22:03| Beverages - Topix.net

Around 35 multinationals including brewer Anheuser-Busch InBev NV will be required to pay back around EUR700 million in additional taxes in Belgium after European Union regulators ruled they had benefited from an illegal tax break. The decision by the European Commission, the bloc's top antitrust regulator, is the latest step in a high-profile inquiry into alleged unfair tax deals that has already ensnared at least four U.S. multinationals, including Apple Inc., Amazon.com Inc., McDonald's Corp. and Starbucks Corp. It comes at a sensitive time for Belgium-based AB InBev, which is in the middle of a complicated $108 billion deal to buy the world's second-largest brewer, SAB Miller PLC of London.

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EU clamps down on Belgium tax arrangements

2016-01-11 14:16:59| Beverages - Topix.net

Anheuser-Busch InBev will have to pay back a significant amount of money to Belgium due to a new ruling from the European Union on tax breaks.

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EU Announces Ruling on Illegal Tax Breaks in Belgium

2016-01-11 14:16:58| Beverages - Topix.net

Around 35 multinationals including brewer Anheuser-Busch InBev NV will be required to pay back around a 700 million in unpaid taxes in Belgium after European Union regulators ruled they had benefited from an illegal tax break.

Tags: tax belgium illegal breaks

 

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