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Features Latest News
Tax Foundation Issues Annual State Tax Climate Index,
by Leroy Baker,, New York
Last updated 14 hours ago | Friday, October 31, 2014
The 2015 edition of the State Business Tax Climate Index from the Tax Foundation has been issued. It is intended to enable US business leaders, lawmakers, and taxpayers to gauge the "competitiveness" of their state's tax system. [ FULL STORY ]
Apple Inc Notes Tax Risks In Latest Annual Report,
by Jason Gorringe,, London
Last updated 11 hours ago | Friday, October 31, 2014
Technology giant Apple has warned stakeholders, in a recent regulatory filing, that the company's tax bill could rise if the European Commission concludes that tax rulings awarded by the Irish Government included illegal state aid. [ FULL STORY ]
Wright Medical To Invert To The Netherlands,
by Mike Godfrey,, Washington
Last updated 19 hours ago | Friday, October 31, 2014
Medical device companies Wright Medical Group Inc. and Tornier NV have agreed to merge in an all stock USD3.3bn transaction that will involve the transfer of Wright's tax domicile from the US to the Netherlands. [ FULL STORY ]
Concern At IRS Use of Civil Asset Forfeiture Laws ,
by Mike Godfrey,, Washington
Last updated 19 hours ago | Friday, October 31, 2014
Following a recent report in The New York Times, lawmakers have expressed concerns about the Internal Revenue Service's use of civil asset forfeiture laws to seize the assets of small business owners. [ FULL STORY ]
Mexico, US Agree Compromise In Sugar Trade Dispute,
by Mike Godfrey,, Washington
Last updated 43 hours ago | Thursday, October 30, 2014
The US has signed draft agreements with the Mexican Government and Mexican sugar exporters, which if fully implemented would suspend US anti-dumping and anti-subsidy duties on Mexican sugar. [ FULL STORY ]
Chiquita To Merge After Cancelled Inversion With Fyffes,
by Mike Godfrey,, Washington
Wednesday, October 29, 2014
US banana producer and distributor Chiquita has decided to terminate its proposed inversion with its rival Fyffes, in a deal which would have involved moving its tax residence to Ireland, and will instead be acquired. [ FULL STORY ]
TPP Trade Ministers Show Optimism,
by Mary Swire,, Hong Kong
Wednesday, October 29, 2014
After a three-day meeting in Canberra from October 25-27, the Trade Ministers and Heads of Delegation for the countries negotiating the extension to the Trans-Pacific Partnership reported significant progress in negotiations on market access and on trade and investment rules. [ FULL STORY ]
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