San Marino News
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Charles Munger, the vice chairman at Warren Buffett’s Berkshire Hathaway Inc., donated about $34 million in the company’s stock to two organizations last month as the investor passes on his wealth.
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Victor Dosti, a fund manager at Whittier Trust Co., settled a U.S. Securities and Exchange Commission lawsuit accusing him of trading on illicit tips on Dell Inc., Nvidia Corp. and Wind River Systems Inc. that he obtained from colleague Danny Kuo.
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Victor Dosti, a fund manager at Whittier Trust Co., settled a U.S. Securities and Exchange Commission lawsuit accusing him of trading on illicit tips on Dell Inc., Nvidia Corp. and Wind River Systems Inc. that he obtained from colleague Danny Kuo.
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Accounting changes that would require companies to report more of their leases as assets and liabilities may encourage businesses to structure shorter-term rental agreements that could hamper the ability of lessors to predict cash flows, according to Fitch Ratings.
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EU leaders vowed to investigate “aggressive” tax planning as Luxembourg continued to object to speedy action on an updated information-sharing accord.
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European Union finance ministers may agree on how to negotiate tax treaties with Switzerland and Liechtenstein without finishing updates to the bloc’s savings tax accord, Luxembourg Finance Minister Luc Frieden said.
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Billionaire investor Daniel Loeb’s proposal to separate Sony Corp.’s movie, music and TV businesses would give the Tokyo-based company a chance to join the 3 1/2- year media rally it has missed.
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European Union finance ministers agreed on how to negotiate tax treaties with five nations including Switzerland and Liechtenstein without finishing updates to the bloc’s savings tax accord.
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Luxembourg will begin the automatic exchange of tax data in 2015, easing its bank-secrecy rules as part of efforts to fight the financial crisis.
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Austria is pushing the European Union to take a tougher stance toward offshore financial centers in a long-delayed tax agreement in an effort to overcome political deadlock when EU finance ministers meet next week.
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