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Drug companies give their tax affairs a clean bill of health ahead of Senate grilling

2015-06-29 11:26:20| Food - Topix.net

Tax Commissioner Chris Jordan said some drug-makers had attempted to "back profits out" of Australia through a combination of transfer pricing and royalty payments to subsidiaries abroad. Multinational drug companies are presenting a united front ahead of their appearance at the Senate's corporate tax avoidance inquiry, insisting they are honest, ethical and pay their fair share of tax.

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Homeowners to get tax rebates from state Updated at

2015-06-29 03:35:38| Railroads - Topix.net

Households in Orange, Ulster and Sullivan counties that earn less than $275,000 a year will get state tax rebates of $130 or $185 in 2016 under a four-year program of tax relief included in legislation enacted in Albany on Thursday.

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Tax lure sparks boom in sales

2015-06-28 14:03:48| Auto Dealers - Topix.net

NEW WHEELS: James Newbolt, of Blackmans Bay, is driving around town in a new Toyota work ute after his boss took advantage of new tax rules to buy it. Picture: ROGER LOVELL Computer stores and car dealers are among the businesses using new instant asset write-off rules to spruik their end of financial year bargains.

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Should PG&E Be Able To Take State Tax Deductions On San Bruno Blast Fines?

2015-06-28 05:08:26| Energy - Topix.net

Bill saying 'no' introduced Friday. The $1.6 billion in fines and penalties was 'intended to be punitive' and not tax-deductible: CPUC.

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Canadian province to double carbon tax

2015-06-27 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Hill: The newly-elected liberal government of Alberta, Canada, announced Thursday that it will double the provinces carbon tax by 2017. Regulators will also ask big industrial facilities to cut their emissions intensity by 12 percent next year and up to 20 percent by 2017, the Calgary Herald reported on Thursday. The move is designed to encourage oil sands operators and power plants to reduce their greenhouse gas emissions. If Alberta wants better access to world markets, then were going to need...

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