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Australia: Shorten rules out carbon tax return

2014-10-10 19:43:00| Climate Ark Climate Change & Global Warming Newsfeed

AAP: Labor will not bring a carbon tax to the next election but a market mechanism is still the best way of dealing with emissions, Opposition Leader Bill Shorten says. While urging the government to address China's recently introduced tariff on Australian coal, Mr Shorten said the Australian people had spoken on the carbon tax at the last election, which saw Labor lose office. "We will not have a carbon tax, the Australian people have spoken and Labor is not going to go back to that," Mr Shorten...

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Mexico's junk food tax hitting Pepsi, Coke

2014-10-09 16:31:20| Beverages - Topix.net

PepsiCo reported a higher quarterly profit Thursday as global sales rose, but one weak spot was Mexico. The company said a new tax on junk food and sugary drinks hurt its snacks sales volume by 3 percent.

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Tax statement errors affect thousands

2014-10-09 12:45:15| BBC News | Business | UK Edition

Thousands of people will receive a second tax statement from HM Revenue and Customs (HMRC) after their first estimate was miscalculated.

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ATO goes after Chevron over tax bill

2014-10-09 06:44:37| Energy - Topix.net

Australian tax authorities allege multinational oil giant Chevron used a series of loans and related party payments worth billions of dollars to slash its tax bill by up to $258 million. New documents filed in a long-running dispute in the Federal Court show how Chevron allegedly engaged in a complex scheme to benefit from the tax-free interest on inter-company loans.

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Tax Office goes after oil giant

2014-10-09 01:50:35| Oil & Gas - Topix.net

Australian tax authorities allege multinational oil giant Chevron used a series of loans and related party payments worth billions of dollars to slash its tax bill by up to $258 million. New documents filed in a long-running dispute in the Federal Court show how Chevron allegedly engaged in a complex scheme to benefit from the tax-free interest on inter-company loans.

Tags: office tax oil giant

 

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