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TAX NEWS

Riddle of UK’s rising corporation tax receipts

Riddle of UK’s rising corporation tax receipts
By: Gavin Jackson and Vanessa HoulderUK corporation tax receipts surged to a record high during the past financial year despite the main rate falling from 30 per cent in 2008 to 19 per cent today. Linking tax cuts to higher revenues is a theory once ...

Tesla's Musk Paid at Least $593 Million in Income Taxes in 2016

Tesla's Musk Paid at Least $593 Million in Income Taxes in 2016
By Anders Melin @melinandersMore stories by Anders MelinOne of the best-kept secrets of America’s billionaires is the size of their tax bills. Tesla Inc. has provided a rare glimpse into this world, disclosing Thursday that its billionaire Chief Executive ...

Chevron loses landmark tax case on transfer pricing

Chevron loses landmark tax case on transfer pricing
By: Peter Wells in Hong Kong and Vanessa Houlder in LondonΜultinational companies operating in Australia have been put on notice after Chevron on Friday lost a landmark tax case that is expected to have implications for the loans that overseas groups use to ...

Perrigo Reaches Agreement With Auditor Over Royalty Accounting

Perrigo Reaches Agreement With Auditor Over Royalty Accounting
By Vipal MongaDublin drugmaker to restate financial statements as far back as Dec. 28, 2013Perrigo Co.’s PRGO 7.68% agreement with auditor Ernst & Young over an accounting issue, announced late Tuesday, paves the way for the drugmaker ...

Taxes No Longer Certain -- And That's Affecting Solar Deals

Taxes No Longer Certain -- And That's Affecting Solar Deals
By Brian Eckhouse @brianreportsMore stories by Brian Eckhouse Even without any specific tax-reform proposals, President Donald Trump’s pledge to revamp U.S. policies is already affecting the solar industry, and not in a good way. “It’s causing disruptive ...

Who's behind the blog

Who's behind the blog

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