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  • August 30, 2014
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  1. News - World - UNITED STATES

    77,000 foreign banks agree to share tax information with United States

    Posted Jun 03rd 2014, 10:07am

    ... Associated Press It will soon get a lot harder to use overseas accounts to hide income and assets from the US tax collectors. More than 77,000 foreign banks, investment funds and other financial institutions have agreed to share information about US account holders with the Internal Revenue Service as part of a crackdown on offshore tax evasion, the United States Treasury ...

  2. Property - International - UNITED STATES

    JP Morgan mulls head office move

    Posted Aug 13th 2014, 05:05am by Bloomberg

    ... in annual tax credits for 10 years to create 1,000 jobs in the state and retain 2,612 others. The Port Authority of New York and New Jersey owns the World Trade Centre site, and Silverstein ...

  3. News - World - UNITED STATES

    Republican 'tea party' candidate admits 'rumour' he is related to Obama

    Posted Aug 05th 2014, 04:12am by THE WASHINGTON POST

    ... incumbent, is favourite but has flaws. He has taken a number of votes in recent years seen as problematic by the tea party, including increasing the debt ceiling, approving a tax deal with Obama ...

  4. News - World - UNITED STATES

    Republican move on immigrants backfires on John Boehner

    Posted Aug 01st 2014, 11:44pm by Reuters

    ... "And they want to have the fence built up so that they don't come in. They are tired of seeing their tax dollars spent on people who are here illegally in the United States." Boehner ...

  5. Property - International - UNITED STATES

    Swire Properties sells Miami flats at top prices

    Posted Jul 22nd 2014, 03:35pm by Sandy Li

    ... residential and commercial real estate, said Chinese have been buying in Miami since 2011 and the numbers are increasing. The combination of low prices, no state capital gains tax and high rental ...

  6. News - World - UNITED STATES

    New York sues FedEx for unpaid taxes on cigarette shipments

    Posted Dec 31st 2013, 09:39pm by Reuters

    ... delivering millions of contraband cigarettes to people's homes and is seeking US$52 million in fines and unpaid taxes. The lawsuit, filed in US District Court in Manhattan, marks one of the last ... and deprived it of a US$15 excise tax on each carton. A typical carton has 200 cigarettes. FedEx's activity violated various federal and state laws, including an anti-racketeering statute, ...

  7. Property - International - UNITED STATES

    Cash-strapped US cities starting to spend again

    Posted Apr 23rd 2014, 03:24am by Bloomberg

    ... Bloomberg in Washington Property-tax collections in the US rose to US$182.8b in the last three months of 2013, boosting the revenues of local governments Cash-strapped cities start to spend again Property-tax collections are rising at the fastest pace since the US housing market crash sent local government revenue plunging, helping end an era of local budget cuts. In cities ...

  8. News - World - UNITED STATES

    Growing numbers of Americans renounce United States citizenship

    Posted Apr 28th 2014, 05:04am by AP

    ... by a desire to avoid paying taxes on hidden wealth. The reality is more complicated. The government's pursuit of tax evaders among Americans living abroad is indeed driving the jump in abandoned ... significant attention was Facebook co-founder Eduardo Saverin's 2011 decision to turn in his passport after moving to Singapore. Saverin probably avoided millions of dollars in taxes by doing so ...

  9. News - World - UNITED STATES

    IRS chief sacked as Republicans try to blame White House for tax scandal

    Posted May 16th 2013, 08:29am by AFP

    ... Agence France-Presse in Washington Damage-limitation exercise unlikely to placate Obama's enemies as they think they smell blood The US's top tax official has been fired ... of controversies that have threatened his second-term agenda. The president said new leadership was needed at the IRS to restore public confidence in the tax agency, whose reputation for political ...

  10. News - World - UNITED STATES

    US tax official in political row denies wrongdoing

    Posted May 23rd 2013, 12:00am by AP

    ... Associated Press in Washington Tax official in political row denies wrongdoing Follow @SCMP_News The US tax official at the centre of the storm over the collection agency's targeting ... of tea party and other conservative groups seeking tax-exempt status. Lerner oversees the office that processes applications for that status. "I have done nothing wrong," said ...




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