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...In the 12 months to June 2023, revenues at the division rose 8 per cent to about £635mn....
...That indicates how revenues have recovered recently because of a narrowing of the Urals-Brent discount, a weaker rouble and changes in the taxation of oil exports....
...But, panning out, the amounts of revenue at stake are modest relative to the scale of the public finances....
...Kansas-based Spirit manufactures jet parts and was a part of Boeing until its 2005 divestiture to private equity. Yet today, 70 per cent of revenue in its largest division comes from Boeing....
...By contrast, concert promotion, by far Live Nation’s biggest division with 82 per cent of group revenue, pulled in only 17 per cent of total AOI....
...Progressive taxation must therefore be prioritised. The second step is wealth taxation....
...The fury on the right over Swift is an example of the “malaise of polarisation that has the nation divided”, said Henry CW Laurence, chair of the department of government at Bowdoin College....
...The result has been a drawn-out examination of purported best practices, helmed by a special committee of select owners including the Super Bowl champion Kansas City Chiefs’ Clark Hunt, Walmart chairman...
...Packers’ revenue in fiscal year 2022 was $460mn....
...Prime Minister Rishi Sunak said on Sunday that the government wanted to abolish national insurance entirely in the next parliament to end the “unfair” system of “double taxation” of income tax and national...
...“All the people [within HMRC] who are working on loan schemes could be working on customer service,” says Ray McCann, a past president of the Chartered Institute of Taxation and a former HMRC inspector....
...The Post Office said the information on taxation was “appropriate and accurate” and it was in discussions with HMRC and the Department for Business and Trade, which oversees the state-owned company....
...Joe Biden lashed out at a US Department of Justice special counsel report — which cast the US president as a “well-meaning, elderly man with a poor memory” — in a hastily organised press conference at the...
...of the October 2021 G20-OECD inclusive framework agreement, which prohibits digital taxation and other measures needed to enhance tax revenues....
...Part of this will involve the creation of a department tasked with developing the view outlined above and ensuring that the spending of departments fits within the agreed overall direction....
...The US Department of Justice on Friday unsealed court documents accusing individuals from Iran, Turkey, China and Oman of operating a global network to illicitly sell Iranian oil to government-linked buyers...
...Union Pacific and BNSF — a division of Warren Buffett’s Berkshire Hathaway — were the two US railroads most directly affected by the closures, the association said....
...Historically, the commercial aviation division generates the most revenue of Boeing’s three businesses, though the defence business eclipsed it during the depths of the Max and Covid-19 crises....
...Between 2019 and 2022, sales from department stores’ private labels increased from 9 per cent to 16 per cent of turnover, according to the International Association of Department Stores....
...John Barnett, chair of the Chartered Institute of Taxation’s technical policy and oversight committee, described the reduction of access to the helpline as “misguided” and said it could result in more “non-compliance...
...It sold more than 100mn tonnes of metals and bulk commodities, including coal. Its revenues of $244bn exceeded those of British oil major BP....
...leases,” the department said....
...for securing lucrative contracts, and kickback for themselves,” said Jim Lee, chief of the Internal Revenue Service’s criminal investigation division....
...When Apple considered giving users of its Safari browser a choice of search defaults, an email from Google warned: “No default — no revenue share.”...
...But Tim Cook reported an “all-time revenue record in services” which includes the App Store, iCloud, Apple Pay and Apple TV. Sales at the division rose 11 per cent to $23.1bn....
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