Tax strategy

RECENT NEWS
New York Times  May 22  Comment 
An unintended consequence of a Senate hearing might be companies deciding to take advantage of the same loopholes as Apple.     
Reuters  May 21  Comment 
Apple Inc Chief Executive Tim Cook made no apology on Tuesday for the iPad maker saving billions of dollars in U.S. taxes through Irish subsidiaries and told lawmakers that his company backs corporate tax reform, even though it may end up paying...
Sydney Morning Herald  May 16  Comment 
A senior Google executive defended his company's complicated structure before Britain's Parliament, denying charges that it was misleading authorities to dodge paying tax.     
Benzinga  Mar 12  Comment 
Wedbush maintained Durata Therapeutics (NASDAQ: DRTX) with an Outperform rating and raised the price target from $20.00 to $26.00. Wedbush noted, "DRTX reported 2012 EPS of ($7.48), compared to our ($4.66) estimate, largely on average share...
Financial Times  Nov 11  Comment 
Politicians of all parties have voiced concern over avoidance after intense scrutiny of the low corporate bills of some foreign-owned multinationals
New York Times  Sep 3  Comment 
The New York attorney general, Eric T. Schneiderman, has subpoenaed more than a dozen firms seeking documents that would reveal whether they converted certain management fees collected from investors into fund investments, which are taxed at a far...
Reuters  Sep 2  Comment 
At least a dozen U.S. private equity firms have been subpoenaed by the New York state attorney general as part of a probe into whether a widely used tax strategy that saved these firms hundreds of millions of dollars is proper, a source familiar...
New York Times  Sep 1  Comment 
The New York attorney general is investigating whether private equity firms converted fees into investments to reduce their tax bills, raising pressure on an industry bruised by the campaign season.
BusinessWeek  Aug 2  Comment 
A CPA offers advice on reducing tax liability and preparing for changes in tax rates and deduction limits




 
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