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Tax dispute: I-T to move Supreme Court to stop Nokia from handing...

2014-03-12 09:55:28| Wireless - Topix.net

The income tax department will soon move the Supreme Court to stop the transfer of Nokia's Chennai plant's assets to Microsoft.

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Agency Suing American Airlines Over Tax Incentives

2014-03-12 07:26:27| Airlines - Topix.net

The agency that oversees public transportation in Chicago is suing American Airlines for falsely claiming to buy "vast amounts of jet fuel" from a small office in a rural community to avoid paying tens of millions of dollars in taxes in the nation's third-largest city, where the actual work is done.

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NEMA Supportive of Efficiency and R&D, Concerned about LIFO and Device Tax in 2015 Budget

2014-03-12 05:00:00| Industrial Newsroom - All News for Today

Responding to 2015 budget proposal submitted to Congress by President Obama, NEMA offered positive and negative feedback. NEMA President and CEO Evan R. Gaddis said having federal budget in place "gives manufacturers targets to incorporate in their long-term financial and operational plans.” Alongside several positive budget aspects, Gaddis cited such negative points as potential repeal of last-in, first-out (LIFO) accounting rules and absence of any relief on medical device tax. This story is related to the following:Trade Associations

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Sugar Tax

2014-03-11 15:54:37| Sugar Industry News

Asked whether the PM wanted to introduce a tax on sugar to curb obesity, the PMS said the government was working with industry to reduce salt, artificial fats and calories in foods

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McConnell dares Democrats on carbon tax

2014-03-11 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Hill: Senate Minority Leader Mitch McConnell (R-Ky.) on Tuesday morning responded to Democrats' climate change all-nighter by daring them to bring legislation to the Senate floor. Senate Democrats held a 14-hour talkathon on the Senate floor to "wake up" Congress to the threat of climate change, but are not pushing any legislation on a carbon tax for the nation's biggest polluters. Maybe, as some speculate, Senate Democrats were just trying to please the Left Coast billionaire who plans to finance...

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