Posts Tagged ‘business taxation’

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Investment in Russian refining remains risky and refining margins strained if not negative with the latest tax changes in the refining and motor fuel retail segments unlikely to remove the sector’s volatility, independent Vygon Consulting said Wednesday.

There’s bad news for companies that may have accidentally overpaid this year’s “repatriation” taxes on foreign profits: they won’t be getting a refund. The Internal Revenue Service said in a legal memorandum dated Thursday that it won’t rebate any such overpayments or credit them toward tax bills not tied to repatriation, such as annual bills […]

It’s getting harder for global companies like Amazon, Apple and Google to avoid paying tax around the world as more countries move to change their permissive corporate tax laws. Now, according to a report in the Korea Times, the South Korean government is looking at ways to collect taxes from foreign companies in the wake […]

A tax cut for large companies will go to the Senate ‘in its entirety’ when federal parliament returns but some government MPs want the policy dropped.

The government policy to cut the income tax for small and medium enterprises (SMEs) from 1 percent to 0.5 percent has been in effect since July 1, and a tax official has said the facility can be enjoyed starting Aug. 1 on the previous month’s sales.

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