Tax Deductions News
-
Italy, the second-largest market for solar-power, will cease granting feed-in tariffs for new installations after July 6 because its subsidy program has reached its budget cap.
-
Sweden should consider gradually raising risk-weights on mortgages to 35 percent from 15 percent to prevent a housing bubble and consumer debt from spiraling out of control, the International Monetary Fund said.
-
Statoil ASA, Norway’s biggest energy company, said its plans for the Johan Castberg oilfield in the Barents Sea are being undermined by unexpected regulatory changes that threaten to limit development in the far north.
-
When Oklahoma energy billionaire George Kaiser opened the Northeast Gateway liquid natural gas terminal in 2008, the floating depot’s first delivery was shipped on the Excellence, a 909-foot supertanker that holds 138,000 cubic meters of LNG -- enough gas to meet more than 4 percent of daily U.S. demand.
-
The strong Australian dollar gave an “unprecedented whack” to tax revenue the government needed to return the nation’s budget to surplus, Treasurer Wayne Swan said.
-
Sugar futures fell to a 33-month low as output more than tripled in the second half of April at the main growing area in Brazil, the world’s biggest producer.
-
Ecuador’s bid to reduce poverty by taxing its banks is threatening to deepen the nation’s economic slump, as lenders curb credit and ratchet up interest rates after profits plunged to a three-year low.
-
Brazil, the biggest ethanol exporter, will give tax deductions and extend low-cost credit to mills in a bid to lift output and reduce fossil-fuel imports.
-
Statoil ASA said the government’s unexpected move to raise taxes on oil companies risks harming investments and casts doubt over the long-term predictability of the framework for offshore production.
-
U.S. corporations that gave stock options to executives claimed tax deductions in 2008 that were $52 billion higher than the costs they reported to shareholders, a U.S. senator said.
|
|
Most Popular on Bloomberg
|
| |
Rate this Page