US Senate Republicans Block 'Bring Jobs Home Act' , by Mike Godfrey, Tax-News.com, Washington
Last updated 64 minutes ago | Friday, August 1, 2014
On July 30, the Republican party in the United States Senate, by a 54-42 procedural
vote that divided on partisan lines and required at least 60 votes to move the
bill to a definitive vote, succeeded in defeating the Bring Jobs Home Act, which
would have provided a 20 percent tax credit against companies' expenses incurred
when bringing jobs back to the country. [
ACCC Explains Role In Carbon Tax Repeal, by Mary Swire, Tax-News.com, Hong Kong
Last updated 60 minutes ago | Friday, August 1, 2014
The Australian Competition and Consumer Commission will use data gathered through its monitoring activity to assess any failures by businesses to pass through all carbon tax cost savings to customers. [
Russia Told To Repay USD50bn In Yukos Tax Ruling, by Tatiana Smolenska, Tax- News.com, Moscow
Last updated 73 minutes ago | Friday, August 1, 2014
The Permanent Court of Arbitration in The Hague has found that the Russian Federation subjected the oil company Yukos to tax reassessments with the objective of destroying the firm and expropriating its assets. It ruled that former Yukos shareholders should be paid USD50bn in compensation. [
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