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Call for oil tax reform in Budget

2015-03-15 01:17:52| BBC News | Business | UK Edition

Scotland's deputy first minister has renewed calls for a "fundamental" change to oil and gas taxation ahead of this week's Budget Statement.

Tags: call tax oil budget

 

Study: Tax code facilitates foreign takeovers of U.S. companies

2015-03-11 21:53:02| Beverages - Topix.net

The tax system encourages foreign companies to purchase U.S. companies, according to a study released Wednesday by the Business Roundtable, a group of chief executive officers. Had the U.S. cut its corporate tax rate to 25 percent from 35 percent, U.S. companies would have acquired $590 billion in cross-border assets over the past decade rather than losing $179 billion, according to the study.

Tags: code study companies tax

 
 

Cairn Energy shares plunge on tax row

2015-03-11 15:33:48| Energy - Topix.net

Shares in Cairn Energy fell 18.3% on Wednesday following Tuesday's announcement that it must pay a $1.6bn fine for unpaid tax in India. It has has been trying to exit India's oil market, where it made a fortune for shareholders, for over a year.

Tags: energy tax shares row

 

Cairn Energy shares plunge on tax row

2015-03-11 12:51:35| Oil & Gas - Topix.net

Shares in Cairn Energy fell 18.3% on Wednesday following Tuesday's announcement that it must pay a $1.6bn fine for unpaid tax in India. It has has been trying to exit India's oil market, where it made a fortune for shareholders, for over a year.

Tags: energy tax shares row

 

VIDEO: High spirit tax 'holding industry back'

2015-03-11 12:08:54| BBC News | Business | UK Edition

Authors Joel Harrison and Neil Ridley put the case for the economic benefit of a cut in tax on spirits in the Budget.

Tags: back video high industry

 

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