Law & Taxation

Hong Kong Deutsche Bank Manager Ma Sin-chi Charged for Taking HK$24.8 Million in Bribes

A senior executive of Deutsche Bank AG has been charged in Hong Kong with accepting bribes in return for giving advice on trading derivative warrants, the city's anti-graft watchdog said on Thursday.

MF Global May Not Be Able to Pay Clients Back: Trustee

Former customers of MF Global Holdings' collapsed brokerage were disappointed to hear on Thursday that the trustee hunting for funds missing from their accounts has no immediate plans to transfer more money to them.


Japanese banker, key figure in Olympus scandal, found in Hong Kong

Reuters found a Japanese banker who is a key figure in the Olympus Corp accounting scandal at a luxury apartment block in Hong Kong on Sunday, where he exploded in anger at finally being tracked down.

Gucci workers 'tortured' during shifts

Jonathan Russell Telegraph 16.10.2011
Gucci workers 'tortured' during shifts

Employees of luxury goods manufacturer Gucci were subject to "torture", being made to stand for 14 hours a day, pay for goods stolen by customers and being forced to ask for toilet breaks.


Citi Fined $770000 for Hong Kong Employee's Ponzi Scheme

Kelvin Soh, Vinu Pilakkott Fox Business 05.10.2011
Citi Fined $770000 for Hong Kong Employee's Ponzi Scheme

Hong Kong's securities regulator has fined Citigroup <C.N> HK$6 million ($770,000) for failing to report a Ponzi scheme involving one of its former employees.

MTV's 'Jersey Shore' costs taxpayers $420K

MTV's "Jersey Shore" GTL motto might now stand for gym-tax credit-laundry instead of gym-tan-laundry. The state Economic Development Authority on Wednesday approved covering $420,000 of the production costs for the hit reality series' inaugural 20...


Italy drops proposal for levy on high earners

Italy dropped Monday a proposal for a levy on high earners approved by the cabinet earlier this month as part of an austerity package aimed at calming the markets by balancing the budget before 2013.

Starbucks pays $75K in suit filed by woman with dwarfism

Aaron Bracamontes El Paso Times 19.08.2011
Starbucks pays $75K in suit filed by woman with dwarfism

The Starbucks Coffee Company has paid $75,000 to the U.S. Equal Employment Opportunity Commission to settle a lawsuit for unlawfully denying a reasonable accommodation to a woman with dwarfism, according to a press release.


Landmark US-Mexico trucking agreement resolves 15-year conflict

Howard LaFranchi Christian Science Monitor 07.07.2011
Landmark US-Mexico trucking agreement resolves 15-year conflict

The United States and Mexico on Wednesday signed an agreement aimed at resolving a cross-border trucking dispute. The longstanding disagreement had come to symbolize growing resistance, especially in the US Congress, to free-trade provisions with ...

California taxes internet sales; Amazon ends deal with 25,000 CA websites

Gov. Jerry Brown has signed into law California's tax on Internet sales through affiliate advertising which will immediately cut small-business website revenue 20% to 30%, experts say.


Muslim woman sues Abercrombie & Fitch over hijab

JASON DEAREN Yahoo! News 28.06.2011
Muslim woman sues Abercrombie & Fitch over hijab

A former stockroom worker for Abercrombie & Fitch Co. sued the clothing retailer in federal court Monday, saying she was illegally fired after refusing to remove her Muslim headscarf while on the job.

New treaty aims to protect millions of domestic workers worldwide

Member countries of the International Labour Organisation (ILO) on Thursday voted overwhelmingly in favour of a landmark treaty to protect the rights of domestic workers worldwide. Advocates of the new convention say a universal standard is needed...


World Bank to suggest CO2 levy on jet, shipping fuel

Gerard Wynn Reuters Africa 06.06.2011
World Bank to suggest CO2 levy on jet, shipping fuel

The World Bank will suggest a global levy on jet and shipping fuel in recommendations to G20 governments later this year on raising climate finance, a senior official said on Sunday.

Spain threatens to sue Hamburg over cucumber slur

Spain threatened Wednesday to sue Hamburg for damages after the German city pointed to Spanish cucumbers as the source of a fatal outbreak of E.coli.


Irish Bombshell: Government Raids PRIVATE Pensions To Pay For Spending

Joe Weisenthal and Gregory White Business Insider 11.05.2011
Irish Bombshell: Government Raids PRIVATE Pensions To Pay For Spending

The Irish government plans to institute a tax on private pensions to drive jobs growth, according to its jobs program strategy, delivered today.

CA May Hire Internet Sales Tax Police To Monitor Online Shopping

With California deep in debt, a controversial plan has emerged that calls for private vendors to monitor what you buy on the Internet.


San Francisco Approves Twitter Tax Break

The San Francisco Board of Supervisors approved a tax break Tuesday to keep Twitter from fleeing the city.

Hong Kong, Spain Sign Pact To Avoid Double Taxation, Tax Evasion

Hong Kong's government said Friday it signed an agreement with Spain to avoid double taxation and prevent tax evasion through cross-border transactions.


WTO raps U.S. subsidies to Boeing

Tim Hepher and Andrew Callus Yahoo! New Canada 01.04.2011
WTO raps U.S. subsidies to Boeing

Planemaker Boeing received at least $5.3 billion of illegal U.S. subsidies, the World Trade Organization said on Thursday in a dispute that shows no signs of an end to years of inconclusive wrangling.

Amazon Takes Action in Illinois as War on Sales Taxes Continues

STU WOO The Wall Street Journal 10.03.2011
Amazon Takes Action in Illinois as War on Sales Taxes Continues

Amazon.com Inc.'s battle with state governments over sales taxes is escalating. The online retailer on Thursday took action in Illinois, as it had threatened to do, to counter a new law aimed at forcing online retailers to collect sales taxes in t...



1 | 2 | 3 | 4 | 5 | older »