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Cairn Energy shares plunge on tax row

2015-03-11 11:52:09| BBC News | Business | UK Edition

Shares Cairn Energy fall 18.3% following Tuesday's announcement that it must pay a $1.6bn (1bn) fine for unpaid tax in India.

Tags: energy tax shares row

 

Cairn Energy files dispute notice on $1.6bn tax demand in India

2015-03-11 01:00:00| Offshore Technology

Scottish oil and gas exploration and production firm Cairn Energy has filed a dispute notice against the Indian income tax department on a $1.6bn tax claim for the fiscal year ended March 2007.

Tags: notice files energy tax

 
 

Neuhaus says no to tax incentive for car dealership Updated at

2015-03-10 22:59:07| Auto Dealers - Topix.net

Orange County Executive Steve Neuhaus on Tuesday said he was withholding his approval of a property tax incentive that the county's Industrial Development Agency approved a day earlier for a Town of Newburgh car dealership.

Tags: updated car tax incentive

 

Cairn Energy faces Indian tax demand

2015-03-10 20:36:53| BBC News | Business | UK Edition

Edinburgh-based oil exploration company Cairn Energy is served with a $1.6bn (1bn) bill for unpaid tax in India.

Tags: energy tax demand indian

 

Lindenhurst uses sales tax incentive to land car dealership

2015-03-10 18:49:32| Auto Dealers - Topix.net

Lindenhurst officials have approved the village's first economic incentive package to land a new auto dealership planned for a high-profile corner. The village board on Monday approved a development agreement with Michigan-based Zeigler Auto Group for a proposed Nissan dealership near routes 132 and 45. As part of the pact, the village would share 50 percent of the sales taxes generated by the business with Zeigler for 15 years.

Tags: sales car land tax

 

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