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Kasich defends tax increase on oil and gas drillers
2015-02-25 03:59:32| Oil & Gas - Topix.net
Ohio's governor is making his case for a proposed tax increase on the oil and gas industry, saying it won't deter production in the state. Gov. John Kasich has called for a fixed rate on crude oil and natural gas of 6.5 percent at the wellhead, and a lower rate of 4.5 percent for natural gas and natural gas liquids sold downstream.
Two multinational firms reach tax deals with Mexico for $300 mln
2015-02-23 23:31:34| Toys - Topix.net
Mexico has reached deals totaling around $300 million with two multinational companies following a probe into possible tax avoidance, the head of Mexico's tax authority said on Monday. Last year, Mexico said it had launched an "informal audit" of 270 companies for allegedly exploiting loopholes that authorities have starved the country of much-needed tax revenue for years.
Swiss deal over Italian tax evasion
2015-02-23 20:49:13| BBC News | Business | UK Edition
Italy and Switzerland have signed a deal to work together on tackling tax evasion.
Coffee OK; cut red meat, tax sugary drinks
2015-02-23 18:44:00| National Hog Farmer
By P. Scott Shearer, Bockorny Group, Washington, D.C. Some of the recommendations contained in the 2015 Dietary Guidelines Advisory Committees report, particularly the call for less red meat, confirm the concerns the meat and livestock industries have had concerning the committees earlier statements and information coming from the committees meetings. read more
Cairn Energy lays off 40% staff following India tax dispute
2015-02-23 16:11:57| Energy - Topix.net
The company has not been able to sell its 9.8 per cent stake in Cairn India to raise funds for its exploration programme as Income Tax Department has placed restrictions, pending resolution of a tax dispute. "We didn't have access to capital and so had to do voluntary redundancy," a source said, adding 'with this we have completed reorganisation of the company.'
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