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Luxury sales wane as taxes bite high earners

2013-06-09 01:00:06| Apparel - Topix.net

High-income Americans are demonstrating some frugality as the positive wealth effect from a rallying stock market is being offset by tax increases.

Tags: high sales taxes luxury

 

Higher Taxes Mute Wealth Effect for Wealthy: EcoPulse

2013-06-06 12:43:12| Jewelry - Topix.net

High-income Americans are demonstrating some frugality as the positive wealth effect from a rallying stock market is being offset by tax increases.

Tags: effect higher taxes wealth

 
 

Apple owes France $6.5 million in unpaid taxes

2013-06-03 17:02:13| CNET News.com

The company neglected to pay 5 million euros on royalty taxes related to iPads sold in France in 2011, says a French organization for authors, composers, and music publishers. [Read more]    

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Pepsi firm with $1bn assets pays taxes in Curaco

2013-06-02 10:25:40| Beverages - Topix.net

An Irish division of sugary drinks giant Pepsi has financial assets of close to $1bn here - but pays all its taxes in Curaco, an ultra low-tax island off the coast of Venezuela.

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Dominion paid $142 million in taxes to Virginia localities last year

2013-06-01 01:48:54| Paper - Topix.net

Dominion Virginia Power, the commonwealth's largest electric utility, paid nearly $142 million in taxes to Virginia localities last year, about $10 million more than it paid in 2011.

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