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Tag: tax
Dutch to appeal Starbucks tax ruling
2015-11-27 18:37:38| BBC News | Business | UK Edition
The Dutch finance ministry says it will fight a ruling ordering it to recover as much as 30m (21.2m) in tax from Starbucks.
Tax implications of leasing vs. purchasing farm equipment
2015-11-27 17:36:00| Corn & Soybean Digest
Many factors in the agricultural economy are leading farmers to consider leasing new equipment purchases instead of an outright purchase. Its important to consider both the pros and cons to this decision and consider what effect lease vs. purchase decisions have on the tax return. read more
Tags: equipment
tax
farm
purchasing
`Insurers are easier target for tax department than auto dealers'
2015-11-27 08:39:49| Auto Dealers - Topix.net
Chennai, Nov 26 : The department of revenue is going after the non-life insurance companies for wrongly availing themselves of Cenvat credit instead of automobile dealers as it is easier to target the former in terms of numbers, a senior official of an industry body said. The Chennai zonal unit of the finance ministry's Directorate General of Central Excise Intelligence had in August issued summons to general insurers for wrongly claiming Cenvat credit of Rs.1,200-2,500 crore on bogus invoices of car dealers.
Tags: auto
department
tax
target
Infineon profit up 80% on tax boost, earnings gain
2015-11-26 12:15:23| Electronics - Topix.net
German semiconductor maker Infineon Technologies AG said Thursday that it expects profitability to rise slightly in the fiscal year to September 2016 after net profit almost doubled in its latest quarter, helped by recently acquired International Rectifier. Infineon forecast a segment result margin, which gauges adjusted operating profitability, of 16% for the current fiscal year.
Tags: tax
gain
profit
earnings
KPMG heads arrested in HMRC tax probe
2015-11-26 12:14:33| BBC News | Business | UK Edition
Four partners at the Belfast office of KPMG are arrested in connection with suspected tax evasion.
Tags: tax
heads
probe
arrested
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