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2:00am
Treasury blocks £1bn tax loophole
A corporate tax loophole that threatened to drain the exchequer...The loophole concerned differences in the tax and accounting treatment of "manufactured...transactions and make them less vulnerable to tax avoidance.If it had been successfully exploited... By Vanessa Houlder
2:00am
Tokyo to ease overseas tax regime
...directly on the exchange without being hit by a punitive tax regime.The National Tax Agency and the TSE have reached an understanding whereby...from the country's 40 per cent "permanent entity" tax. The move has been seen as a positive step forward... By Lindsay Whipp in Tokyo
10:34pm
Treasury blocks £1bn tax loophole
A corporate tax loophole that threatened to drain the exchequer...The loophole concerned differences in the tax and accounting treatment of “manufactured...transactions and make them less vulnerable to tax avoidance.If it had been successfully exploited... By Vanessa Houlder
10:39pm
Beijing considers pollution tax
China’s first national census of pollution has revealed such a dire picture that the government has mooted a new tax on its sources, according to reports.The level of water pollution countrywide was found to be more than twice government estimates... By Fiona Harvey, Environment Correspondent, and agencies
12:33am
Acer seeks fresh market muscle
...China”.Acer said on Tuesday that revenue during 2009 rose 5 per cent to $17.9bn (£11.4bn, €12.9bn). After tax profit, excluding investment disposal gains, increased 29 per cent from a year ago to $354m.The company is turning its attention... By Robin Kwong in Taipei
10:20pm
Diller plays down Ask.com sale speculation
...on Tuesday. The group reported a fourth-quarter net loss of $1bn, or $7.94 per share, including a $991.9m after-tax impairment charge from the writedown of goodwill and intangible assets of its search and media business, but excluding Citysearch... By Kenneth Li in New York
10:43pm
Buy-out groups eye Kabel Deutschland
...provides phone, television and broadband services to more than 9m homes, is expected to increase its earnings before interest, tax, depreciation and amortisation from €570m to about €650m in the year to March 2010.Recent takeovers of rival cable groups... By Martin Arnold in Berlin
February 7, 2010
Japan urged to stimulate IPOs with tax breaks
...calling on the Japanese government to give new companies tax breaks to help them grow and reverse the dearth of initial...one of the attractive or effective measures might be tax ... a tax exemption or something like that,” Mr Saito told the... By Lindsay Whipp in Tokyo
2:00am
Greece unveils cuts to chief executives' pay
...controlled corporations as part of new tax and income measures aimed at reducing the...an Athens economic think-tank. The tax and incomes package was finalised at an...next week by EU finance ministers.The tax package included an amnesty "along the... By Hugh Williamson and Kerin Hope in Athens
8:18pm
Patsystems benefits from rapid growth in Asia
...year results to December 31 Sales Pre-tax profit Earnings per share Dividend £22.1m...Patsystems by 13 per cent to £22.1m. Pre-tax profit increased from £2.1m to £4...forecasts of more than 20 per cent pre-tax profit growth,” he said.Martin Webber... By Philip Stafford