Chancellor of the Exchequer George Osborne delivered his eight Budget today, with some of the main points outlined as such: Business - The headline rate of corporation tax, which is currently at 20%, will fall to 17% by 2020 - ...
Tags: George Osborne, Budget, Chancellor
Bewildering tax structures begone; Facebook is finally going straight in the UK. Facebook has agreed to pay “millions of pounds more in tax” in the UK, according to a new report. The social network giant is said to be ...
China's value-added tax reform is expected to be implemented across all industries next year. Business taxes in four sectors - finance, construction, property and consumer services - will be replaced by VAT. Business tax refers to a ...
Tags: VAT
Apart from monetary easing moves, there is room for China to achieve faster and more balanced growth by cutting the private sector's tax burden, a major Chinese investment firm said Monday. China's central bank has cut benchmark interest ...
Tags: monetary easing, tax
Indonesian President Joko Widodo and the visiting British Prime Minister David Cameron have expressed their commitment to improve economic ties between the two nations. Addressing a joint press conference in Jakarta, Cameron said, ...
Tags: Economic Ties, engineering, energy
China's small and micro enterprises saved 24 billion yuan ($3.92 billion) in the first quarter of 2015 due to preferential tax policies, the State Administration of Taxation (SAT) said on Monday. Statistics from SAT showed that a total of ...
Posted in Medical Device Business by Chris Newmarker on December 11, 2014 2014 has turned out to be a pretty decent year for the world’s 40 largest medical device companies: Only six of them have seen their stock prices decline, and ...
Tags: Medical Device, Health
Three down, two to go when it comes to major regulatory hurdles that Medtronic and Covidien need to clear for their proposed $43 billion merger. The U.S. Federal Trade Commission, the European Union and Canada’s Competition Bureau ...
Medtronic isn’t the only medtech company facing criticism over potentially moving its headquarters overseas. Hospira is also taking flak—even though it is only rumored so far to be in talks with French company Danone for a ...
President Obama clearly doesn’t like Medtronic’s plan to move its headquarters to Ireland through the acquisition of Covidien. Medtronic’s $43 billion acquisition of Covidien would be the largest tax inversion deal yet. ...
Tags: Medtronic-Covidien, Health, Medicine
Medtronic officials apparently see the political blowback over their proposed $43 billion acquisition of Covidien as serious business. The company has paid $200,000 to lobbyists including former U.S. Sens. Trent Lott and John Breaux to ...
The Outdoor Furniture Manufacturing industry has suffered over the past five years due to lackluster recovery and high import competition, and smaller enterprises in the United States will struggle over the next five years, as they lack the ...
Tags: Furniture, Furnishing, Outdoor Furniture
South Korea's state-owned Korea Gas Corp imported 12.61 million mt of LNG in the first quarter, up 0.5% from 12.55 million mt a year earlier, the company said in a statement Wednesday. All of the volumes were imported under long-term ...
Tags: LNG Imports, LNG
Ascent Solar Technologies Inc of Thornton, CO, USA, which makes lightweight, flexible copper indium gallium diselenide (CIGS) thin-film photovoltaic modules that it integrates into its EnerPlex series of consumer products, has signed a ...
A new dedicated infrastructure trust fund would widen roads, expand provincial highways and boost infrastructure overall, says the Ontario Trucking Association (OTA). With the new dedicated trust fund - called the Trillium Trust - revenue ...
Tags: trust fund, infrastructure, OTA