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B&G Foods Reports 49% Increase in Sales for Third Quarter 2016
Nov 14, 2016B&G Foods has announced a 49.2% increase in net sales for the July-September quarter of this year. Highlights (vs. year-ago quarter where applicable): Net sales increased 49.2% to $318.2 millionNet income increased 63.6% to $32.4 ...
Tags: B&G Foods, Financial Results
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Amazon to Refund Unauthorised in-App Purchases
Nov 14, 2016Amazon has been ordered to refund parents in the US whose children made in-app purchases, either accidentally or without consent, between 2011 and 2014. While there now tend to be better (not foolproof) safeguards in place to protect ...
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China Extends Overseas Tourists Tax Refund Scheme to Six More Destinations
Dec 31, 2015China is going to include another six destinations in its tax rebate scheme for overseas visitors, with an aim to boost its inbound tourism and consumption. Foreign tourists visiting Liaoning, Anhui, Fujian, Sichuan, Tianjin and Xiamen ...
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Foreign Visitors Can Claim Tax Refunds in Chengdu
Dec 31, 2015Overseas visitors will be able to claim tax refunds on departure from China in the southwest city of Chengdu. The new policy will take effect from New Year's Day. Visitors can also get their tax refunded in 33 shopping malls in the ...
Tags: Chengdu, Foreign Visitors, Tax Refunds
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US to Extend The Benefit Under The GPS to Developing Countries
Aug 6, 2015All GSP eligible merchandise including textiles will benefit from the US government's announcement of extending the benefit under the Generalized System of Preferences (GSP) to developing countries. In a notice issued on 28 July, the ...
Tags: textiles, GSP programme
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China's H1 Tax Revenue up 6.3%
Jul 28, 2015China collected 5.94 trillion yuan (969 billion U.S. dollars) in taxes in the first half of this year, up 6.3 percent year on year, new data showed on Monday. The growth pace was in line with the overall economic growth in the first six ...
Tags: Tax Revenue, China economy
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Pak Parliament Recommended 2% Uniform Rate of Sales Tax
Jun 5, 2015Pakistan's National Assembly standing committee on textile industry has recommended 2 per cent uniform rate of sales tax, against the proposed 5 per cent by the Federal Board of Revenue (FBR), on five leading export-oriented sectors - ...
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TreeHouse Foods Has Recorded First Quarter Earnings of $0.41 Per Fully Diluted Share
May 12, 2015TreeHouse Foods has recorded first quarter earnings of $0.41 per fully diluted share when compared to $0.38 per fully diluted share reported for the first quarter of 2014. The Company reported adjusted earnings per share in the first ...
Tags: TreeHouse Foods, Q1 Results
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China's Q1 Tax Revenue rises 3.4%
Apr 21, 2015China collected 2.71 trillion yuan ($442.7 billion) in taxes in the first quarter of this year, up 3.4 percent year on year, new data showed on Monday. The growth pace was slower than the 9.9 percent collected in the same period of last ...
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KCA Opposed The Government's Plan to Impose Sales Tax on Cotton
Apr 16, 2015The Karachi Cotton Association (KCA) has opposed the government’s plan to impose sales tax on cotton in the 2015-16 Budget to mobilise PKR 50 billion in revenue, the Pakistani media has reported. KCA chairman Amin Hashwani ...
Tags: Raw Cotton, sales tax, Cotton
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Court Highlights Iowa Natural Gas
Apr 10, 2015The Iowa Supreme Court on Friday upheld the complicated formula that Iowa uses to tax natural gas consumption, rejecting a legal challenge brought by the state's powerful ethanol industry. The owners of several ethanol plants argue the ...
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Illinois AG Sued an Illinois-Based Online Sports Equipment Retailer
Mar 24, 2015Illinois Attorney General Lisa Madigan has sued an Illinois-based online sports equipment retailer for dishonest business practices that resulted in consumers losing hundreds of thousands of dollars. ADVERTISEMENT Madigan filed the ...
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China's State Council Has Approve to Set up The First Cross-Border E-Commerce Pilot Zone
Mar 13, 2015China's State Council has given approval for Hangzhou, an e-commerce hub, to set up the country's first cross-border e-commerce pilot zone, according to a statement released on Thursday. Hangzhou, capital city of East China's ...
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Taiwan Industry Sources Shows EU May Dismiss Solarworld's Accusation Again
Jan 30, 2015The European Union (EU) is likely to dismiss Germany-based SolarWorld AG's request for a renewed anti-circumvention investigation and instead will review the minimum price and annual quota set in 2013 on imports of PV modules from China, ...
Tags: PV modules, minimum price, Lights
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Coles Admits That It Engaged in Unconscionable Conduct Against Suppliers in 2011
Dec 16, 2014The ACCC and supermarket group Coles have settled both cases of unconscionable conduct aimed at the company. Coles has admitted that it engaged in unconscionable conduct against a number of suppliers in 2011. The ACCC is now seeking ...
Tags: grocery suppliers, food, suppliers, Packaging
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