The first Swiss banks have signaled their readiness to work with U.S. officials in a crackdown on wealthy Americans evading taxes.» Read More
It's the season of giving, and the season of charity scams. Watch out for these crowdfunding and online tricks.
The Reforma survey of 1,020 people showed that while 48 percent disapproved of Pena Nieto's job performance, up from 30 percent in April, just 44 percent approved.
WASHINGTON, Nov 29- The United States has signed agreements with the Cayman Islands and Costa Rica to help those countries' banks comply with an anti-tax evasion law starting next year, the Treasury Department said on Friday. The FATCA agreement with the Cayman Islands was initially agreed to in August.
BOLOGNA, Italy Nov 28- Raoul Weil, a former UBS banker charged by U.S. authorities five years ago for allegedly helping rich Americans dodge taxes via secret Swiss bank accounts, has agreed to go to the United States to face trial after being arrested in Italy, Weil's lawyer and judicial sources told Reuters.
*Discount cuts estimated $19.4 bln obligation by 50 pct. RIO DE JANEIRO, Nov 27- Brazilian miner Vale SA said on Wednesday that it agreed to pay 22.325 billion reais in taxes on profit from overseas operations, accepting an offer from Brazil's government that cuts a disputed back-tax bill in half.
Will a potential tax hike on the rich drive millionaires out of their home states? Probably not. CNBC's Robert Frank reports.
A new poll showed Gov. Andrew Cuomo may have the support he needs to approve Bill de Blasio's proposed tax increase on the city's wealthy.
New data on the population of millionaires suggest little connection between tax rates and a state's population of millionaires.
BRUSSELS, Nov 27- The European Union on Wednesday imposed hefty duties on Chinese imports of glass used in solar panels, saying China's producers were exporting at unfairly low prices that threatened European manufacturers.
*Senate due to vote on ban over tax fraud conviction. ROME, Nov 27- The Italian Senate opened its debate on expelling Silvio Berlusconi on Wednesday, ahead of an evening vote that is expected to see the veteran centre-right leader stripped of his seat in parliament over a tax fraud conviction.
Amid the IRS targeting scandal, the Treasury Department is proposing stricter rules keeping nonprofits from getting tax exemptions. Jay Sekulow, American Center for Law and Justice, says the government is trying to make what they did illegally, legal through the regularity process.
WASHINGTON, Nov 26- The Obama administration proposed new rules on Tuesday to rein in tax-exempt groups that have transformed the U.S. political landscape in recent years by harnessing hundreds of millions of dollars in anonymous donations to influence elections.
WASHINGTON, Nov 26- The Obama administration proposed new rules on Tuesday to rein in tax-exempt groups that have transformed the U.S. political landscape in recent years by harnessing hundreds of millions of dollars in anonymous donations to influence U.S. elections.
WASHINGTON, Nov 26- The Obama administration proposed new rules on Tuesday that would restrict the political advertising and fundraising abilities of certain tax-exempt groups, which were at the center of the Internal Revenue Service's Tea Party targeting scandal this year.
The Obama administration proposed new rules that would curtail political activity by tax-exempt nonprofit groups.
WASHINGTON, Nov 26- The Obama administration proposed new rules on Tuesday for certain tax-exempt groups at the center of the Internal Revenue Service's Tea Party targeting scandal this year.
PARIS, Nov 26- France's Socialist government must carry out a proper tax reform that will cut the pressure on businesses and stop knocking the country's entrepreneurs, France's "boss of bosses" Pierre Gattaz said in an interview.
Former Arkansas Senator Blanche Lincoln of "Coalition to Stop Internet Gambling," questions whether the gains from online gambling are worth the damages for the U.S.
States will monitor tax revenues for online gambling, says Harry Curtis, gaming analyst of Nomura Securities. New Jersey becomes the 3rd state to permit online gambling today.
Miltiadis Varvitsiotis, Greece's shipping minister, says the Greek economy has stabilized, and that it now needs to attract more investments instead of taxing.