formerly, in the United Kingdom, a tax paid by a company equal to a percentage of its dividends or other distributions of profit to its stockholders. It was abolished in 1999.
STAMFORD, Conn.--BUSINESS WIRE--January 11, 1996--CUC International Inc. (NYSE:CU) announced today that it has completed its previously announced merger with Advance Ross Corporation (NASDAQ:AROS). Advance Ross is now a wholly owned subsidiary of CUC International Inc. Headquartered in Chicago, Illinois, Advance Ross' primary business is processing value-added tax refunds...
The Internal Revenue Service issued a consumer alert, warning taxpayers about a new scam targeting potential recipients of the Advance Child Tax Credit. Although there have only been isolated instances of this new scheme, it is reported that some taxpayers have received telephone calls promising to speed...
Democrats have their own tax agenda. And they are itching to advance it. After 12 years of being the minority party in the House and nearly that long a dry spell in the Senate, Dems expect to retake the House and maybe the Senate after...
Byline: Sara Burnett Daily Herald Staff Writer Pat Salvatini mailed her tax returns in February and promptly spent part of her anticipated $900 refund on a new floor for her daughter's bedroom. Then Salvatini got bad news from the Internal Revenue Service:...
GAO-02-827 August 2, 2002 The Economic Growth and Tax Relief Reconciliation Act of 2001 applied a 10-percent income tax rate to the portion of an individual's income previously taxed at 15 percent. To stimulate the economy more rapidly than if taxpayers had to wait until their year 2001...
WASHINGTON -- Lawmakers plowed through an energy bill Wednesday that would provide billions of dollars in tax breaks to industry, open an Alaska wildlife refuge to oil drilling and aid farmers by expanding the use of ethanol in gasoline. House tax writers advanced an $8 billion package...
Satellite services company EMI Communications has changed its name to Advance Entertainment Corporation. The Syracuse N.Y.-based Advance ... Satellite services company EMI Communications has changed its name to Advance Entertainment Corporation. The Syracuse N.Y.-based Advance distributes independent stations WWORTV New York and WSBK-TV...
Sep 15, 2003 (Weekly Tax Bulletin - ABIX via COMTEX) The Australian Taxation Office ATO has recently issued guidelines on consolidation of tax affairs. The guidelines relate to the valuations to be used by companies prior to lodging their first consolidated tax return, and...
July 12, 1999 On July 12, 1999, Tax Executives Institute submitted the following comments to the House Committee on Ways and means concerning the confidentiality of advance pricing agreements. On behalf of Tax Executives Institute, I am writing to support H.R. 2378, which would preserve the confidentiality of...
A little-known method for increasing low-paid workers' take-home pay is to give the employees advance payments for their federal earned-income tax credit.Wayne S. Goshkarian, president of AGB Insurance Services in Phoenix, says many employers don't realize that employees who are eligible for the earned-income credit may request that the money...
Stamford, CT--BUSINESS WIRE--November 2, 1995--CUC International Inc. (NYSE: CU) announced today that it has been notified by the Federal Trade Commission that it has been granted its request for early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 in regard to CUC International's previously-announced...
Under section 32 of the Internal Revenue Code, certain low-income individuals and couples may claim a refundable credit against the tax on their earned income. In addition, eligible taxpayers can receive the credit ratably throughout the year, by having their withholding adjusted. The Internal Revenue Service has undertaken to make...
By Jim McLain, Ventura County Star, Calif. Knight Ridder/Tribune Business News Jul. 29--About 60,000 taxpayers in Ventura County will be getting checks from Uncle Sam over the next few weeks, the Internal Revenue Service announced Monday. The checks --...
A little-known method for increasing low-paid workers' take-home pay is to give the employees advance payments for their federal earned-income tax credit. Wayne S. Goshkarian, president of AGB Insurance Services in Phoenix, says many employers don't realize that employees who are eligible for the earned-income credit may request that the...
With the 2005 tax filing season two months away, taxpayers can take the first step toward advance tax planning by reviewing regulatory changes featured on the Internal Revenue Service Web site, www.irs.gov.
Jan 14, 2007 (Tax Notes International - ABIX via COMTEX) -- The European Court of Justice has ruled on some aspects of UK tax law on dividends. In rulings on two cases, the court found that the UK tax treatment of inbound and outbound dividends was...
The Internal Revenue Service is seeking 2,415 Oklahomans who have federal income tax refunds and advance child tax credit checks totaling $1.18 million waiting to be claimed.
With the 2005 tax filing season two months away, taxpayers can take the first step toward advance tax planning by reviewing regulatory changes featured on the Internal Revenue Service Web site, http://www.irs.gov.
NEW YORK -- Moody's Corporation (NYSE: MCO) announced that Philip Braverman has joined the corporation as Vice President - Global Tax. Mr. Braverman will have overall responsibility for leading the global tax department, providing strategic guidance on tax implications of ongoing and future business activities as well as day-to-day planning...
Efforts to advance President Bush's proposed tax cut continued on Capitol Hill last week as Congress debated the $1.6 trillion tax relief plan and what to do with the 10-year surplus of $5.6 trillion. Treasury Secretary Paul H. O'Neill testified before the House Ways...
