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Cadbury saddled with $92m tax bill over phantom factory

2015-04-08 01:00:00| Food Processing Technology

Chocolate company Cadbury has been landed with a $92m tax claim by the Indian tax authorities after the company was accused of claiming excise benefits on a 'phantom' factory.

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Climate group launches initiative for a carbon tax in Washington

2015-04-07 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Oregon Public Broadcasting: If you're at the Seattle Mariners season opener Monday you might run into some folks with clipboards, gathering signatures for a newly-announced initiative for 2016 that would tax carbon emissions. The circulation of petitions to put Initiative 732 on the 2016 ballot signals a new strategy that may come into play if Gov. Jay Inslee and fellow Democrats in the Legislature are unable to pass their own carbon cap-and-trade proposal. The Initiative would phase in a $25-per-ton tax on carbon dioxide...

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Cairn India takes Indian authorities to court over $3.3 billion tax demand

2015-04-07 15:40:56| Energy - Topix.net

Cairn India received last month the demand of about 204 billion rupees from Indian tax authorities for an alleged failure to deduct withholding tax on capital gains made by its former parent, Cairn Energy Plc Vedanta said last month it would file a notice of claim against the Indian government under the UK-India bilateral investment treaty. Cairn Energy, which received a tax demand of more than $1.6 billion related to the same case, has also filed a notice of dispute under the bilateral investment treaty.

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Cairn India takes Indian authorities to court over $3.3 billion tax demand

2015-04-07 10:52:59| Oil & Gas - Topix.net

Cairn India received last month the demand of about 204 billion rupees from Indian tax authorities for an alleged failure to deduct withholding tax on capital gains made by its former parent, Cairn Energy Plc Vedanta said last month it would file a notice of claim against the Indian government under the UK-India bilateral investment treaty. Cairn Energy, which received a tax demand of more than $1.6 billion related to the same case, has also filed a notice of dispute under the bilateral investment treaty.

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Tax changes spark election battle

2015-04-06 12:50:14| BBC News | Business | UK Edition

Changes to tax, benefits and pensions coming into force spark a fresh battle between Labour and the Conservatives over whether families will be better or worse off.

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