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Most of their tax liability was wiped out by deducting tax losses run up in earlier years. In 2010-11, the 70 claimed $118 million in prior tax losses, and still had another $360 million left to carry over for use in future years...Only 20 of them
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The Government raked in $535 million more tax than expected in the nine months to the end of March, pushing the Budget deficit below $5 billion. Finance Minister Bill English said the figures showed that continued spending restraint was important "as
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French left rallies against President Francois Hollande Watch Maddy Savage report from the centre of the protest, where she says people feel Francois Hollande's first year results are "not good enough" Tens of thousands of protesters have rallied in
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The significance of the Reserve Bank of India's (RBI's) annual credit policy statement lies not merely in its being the first for fiscal 2013-14. Until a few years ago, the annual policy statement, along with a review six months later were the only
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Asian Development Bank , How India How India can raise $1 trillion for infra projects T his serves the double objective of freeing bank balance sheets to support greenfield projects while bond holders, who have a relatively lower tolerance for risk,
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All the gnashing of teeth about Gonski, budget black holes, revenues collapsing and such like is enough to make your head explode. Add to this noise a new disability levy that is not a tax, a parental levy on business that also is not a tax,
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Tax France, China and Other Foreign 'Free Riders' Should we solve our seemingly permanent $1 trillion budget deficit by hiking taxes or cutting spending? Partisan Washington can't seem to settle on any combination of the two. But there's a third
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Somehow the idea of tax collectors out in the street protesting seems just a little odd, but that is what will be happening on May 7th. The rally will be held at 26 Federal Plaza in Manhattan, site of the Jacob K...The rally, at 11:30 a.m. on
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With next Monday marking one year since Francois Hollande was elected French President, a tidal wave of I told-you-so's and smugness is about to be visited upon us by Westminster's commentariat. It's fair to say that most of them have never much
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Louis Porter If we pay more tax, clearly we have less money to spend on other things. The increase in the Medicare levy to pay for DisabilityCare will make us pay more tax...Any answer will be partly subjective, but one thing is clear: raising more
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