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B.C. government, with accounts flush from property tax earnings, cool on petition calling for real estate market intervention

2016-01-06 18:31:49| Real Estate - Topix.net

Metro Vancouver home sales set an all-time record in 2015, the region's real estate board said Tuesday, with the benchmark price for detached properties surging 24.3 per cent year-over-year in December to $1.248 million. Gerry Kahrmann/PNG files A new petition urging B.C. politicians to limit offshore investment and exploitation of tax loopholes in Vancouver real estate is getting a cool reception from Victoria as provincial coffers overflow with property transfer tax revenues in a red-hot housing market.

Tags: real estate market property

 

New and expanded tax could help diminish LA traffic woes

2016-01-06 13:52:22| Railroads - Topix.net

Gov. Brown signed legislation clearing the way for a ballot proposal to raise the sales tax to pay for LA transportation improvements. As December wound down, California Governor Jerry Brown signed a bill that would allow Los Angeles County officials to put a sales tax increase on the ballot in 2016 to raise billions for a slate of transportation projects.

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FedEx Threatens to Move Tennessee Technology Center if It Doesn't Get 20 More Years of Tax Breaks

2016-01-05 19:49:39| Air Courier - Topix.net

FedEx is threatening to move its massive information technology center out of Collierville, Tennessee, if the town government doesn't give the company millions of dollars worth of additional tax breaks over 20 years. The Memphis-based shipping giant is Collierville's biggest employer, with 2,500 high-paying jobs at the 10-building information technology campus on Bailey Station Road, said John D. Duncan, the town's director of economic development.

Tags: of more years center

 

Committee of 100: Revamp tax structure

2016-01-05 19:24:17| Telecom - Topix.net

Committee of 100: Revamp tax structure Louisiana's Committee of 100 is a group of the state's most influential business men and women. Check out this story on thetowntalk.com: http://tnsne.ws/1OKAFjw RUSTON - Louisiana's Committee of 100, a group of the state's most influential business men and women, doesn't believe the Legislature can afford to wait to make budget reforms, and its members are in the midst of a statewide road show to offer their take on possible solutions.

Tags: structure tax committee revamp

 

Stocks close lower; Carl Icahn wins Pep Boys bidding war; Apple settles Italian tax dispute: Business News Links

2015-12-31 14:36:48| Auto Parts - Topix.net

This file photo from July 31, 2003 shows Pep Boys mascots Manny, Moe, and Jack above a store location in West Philadelphia. Pep Boys today designated Carl Icahn the winner in the takeover duel for the auto services chain, after Bridgestone declined to top the activist investor's $18.50-a-share offer.

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