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Poll: 62% of US Voters Support Controversial Border-Adjustment Tax

Business

Category: Government

A majority of registered voters support a proposal to impose a new 20 percent tax on imports, according to a new poll. The Harvard-Harris Poll survey found that 62 percent of Americans would support a 20 percent tax on all goods made outside the United States. The idea is backed by 77 percent of Republicans, […]

Source: The Hill

Published: April 26, 2017


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Norway National Budget Summary: A budget to promote employment, welfare, and security

Category: Business and Investment News

“Norway will emerge stronger from the challenging restructuring the economy now experiences. The Budget for 2017 contains targeted measures to counteract unemployment in the regions and industries that are hardest hit by the drop in oil prices. The Budget for 2017 is a budget for more jobs, better welfare, and a safe life,” says Minister […]

Source: Regjeringen

Published: April 26, 2017


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Could The EU’s ‘Apple Tax’ Reboot Corporate Tax Reform In The U.S.?

Category: Business and Investment News

For years, corporate tax reform in the U.S. has been dead in the water, in part because of deep disagreements within the American business community over what such a restructuring should look like. But the European Union’s increasingly aggressive effort to force its members to collect tax on U.S.-based multinationals has the potential to change […]

Source: Forbes

Published: April 26, 2017


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US Treasury Blasts European Tax Probe of Multinationals

Business

Category: Tax

U.S. officials are publicly criticizing Europe’s investigations into favorable tax arrangements that Apple and other multinational companies have reached with Ireland and a few other countries. The Treasury Department released a report Wednesday that complains the investigations disproportionately target U.S. companies and could end up costing American taxpayers if companies are forced to pay higher […]

Source: AP

Published: August 24, 2016


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Statoil Delays Barents Sea Oilfield Project After Tax Boost

Business

Category: Tax

The tax increase reduces the attractiveness of marginal fields and those that need infrastructure, Øystein Michelsen, Statoil’s head of development and production in Norway, said in a statement. “This has made it necessary to review the Johan Castberg project.” Statoil, Norway’s biggest energy company, already warned on May 24 that projects such as Castberg, which consists of […]

Source: Bloomberg

Published: June 5, 2013


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