The Federal Labor Party has demanded the Government bring Australia’s international taxation regulations into line to deal with multinationals such as Apple and Google, which are siphoning billions of dollars of revenue out of Australia while paying only small amounts of local tax. In a statement issued this morning, Shadow… – Continue reading
ANSA reported that a preliminary hearings judge in Milan indicted the owner of the troubled ILVA steelworks in Taranto for an alleged massive tax fraud. Emilio Riva was indicted together with two former company managers and a former Deutche Bank manager for tax evasion to the tune of EUR 52… – Continue reading
The following commentary, compiled by the Institute for Risk Management Bermuda Group, examines the implications for the Island of the Foreign Account Tax Compliance Act (FATCA) legislation enacted by the United States. Back in June 2012 the Institute of Risk Management (IRM), Bermuda Regional Group hosted a forward looking… – Continue reading
Fiat boss Sergio Marchionne, the veteran dealmaker who has just wrested full control of Chrysler Group from its union retirees, is about to unveil his next trick: moving the group’s 115-year-old headquarters out of Italy. While Marchionne has said a New York share listing is on the table, he is… – Continue reading
