Law & Taxation
Apple sues HTC for patent infringement
Apple Inc. filed patent lawsuits against Taiwanese phone maker HTC Corp. on Tuesday, claiming violation 20 of its patents related the iPhone's touch screen technology and other features.
Thailand to revise Trade Competition Law
Thailand's Trade Competition Law is facing an overhaul. The Ministry of Commerce is expected to propose modifications to the Thai Cabinet before May 2010.
Thailand's Central Administrative Court said on Wednesday it would allow seven companies in the Map Ta Phut industrial estate to resume construction work suspended due to environmental concerns.
Hand back those billions to taxpayers
That's the call from a top accountants' group - which has forecast a deficit of just HK$3.99 billion in government coffers - ahead of tomorrow's budget speech
The U.S. Department of Agriculture agreed to pay $1.25 billion to settle more claims by black farmers who said they were discriminated against in federal farm loan programs.
Finance Minister Says Japan Government Must Ask Voters to Approve Tax Change
Japanese Finance Minister Naoto Kan indicated the government would call elections before making any major changes to the nation’s tax code, including raising the 5 percent consumption tax.
Bernard Madoff's brother, sons subject of criminal tax-fraud cases: WSJ
The brother and sons of imprisoned swindler Bernard Madoff are the subject of criminal tax-fraud cases by federal prosecutors in Manhattan, the Wall Street Journal reported, citing people familiar with the matter.
Western Union to Pay $94 Million to Settle Dispute
Western Union has agreed to a $94 million settlement Thursday in disputes with Arizona prosecutors that center on the state's effort to reduce the flow of immigrant and drug smuggling money through wire transfers.
European states keep Swiss bank secrecy under siege
BERNE/AMSTERDAM (Reuters) - European states lined up behind German Chancellor Angela Merkel to expose tax cheats in a combined assault on the Swiss banking secrecy laws that help protect them.
Germany ready to buy stolen Swiss data on alleged tax evaders
Germany has told Switzerland it is ready to pay for data on cross-border tax cheats, dealing a fresh blow to bank secrecy laws in the Alpine nation as it struggles to break a deadlock with the U.S. tax authorities over disclosure at banking giant ...
Sounds sweet
A selection of sweeteners for a broad range of people are on the cards when Financial Secretary John Tsang Chun- wah reveals the budget next month.
Ex-ATV boss ordered to pay bank $300m
Former ATV chief executive Feng Xiaoping was yesterday ordered by the High Court to pay debts of HK$300 million to Bank of China and to surrender properties he used as guarantees for loans.
Thai court dismisses appeal to overturn industrial estate ruling
Thailand's Central Administrative Court has rejected petitions seeking the go-ahead for 30 suspended projects at a major industrial zone, dealing a blow to dozens of companies hoping to get operations back on track.
Thailand wins WTO case against U.S. over dumping
Thailand won a dispute at the World Trade Organisation on Friday that it had brought against the United States over U.S. anti-dumping measures on plastic bags, a WTO panel said.
Supreme Court Justices, 5-4, Reject Corporate Spending Limit
WASHINGTON — Overruling two important precedents about the First Amendment rights of corporations, a bitterly divided Supreme Court on Thursday ruled that the government may not ban political spending by corporations in candidate elections.
Administration to toughen accountability on contractors' taxes
The Obama administration announced Wednesday that it plans to crack down on federal contractors who fail to pay their taxes.
IRS launches online filing system
Tax season is approaching and the Internal Revenue Service is trying to make it easier and quicker for those getting a refund.
AFTA Tariff Cuts To Reduce Revenue Of Thai Customs Department
Thailand's Customs Department expects revenue from import and export duties will decline by Bt3-4 billon (RM305.25 million) in the wake of the Asean-Free Trade Agreement (AFTA) cuts which became effective on January 1, with the department adjustin...
Obama Unveils $90 Billion Bank Tax With Sharp Words
President Barack Obama unveiled his proposed $90 billion bank tax Thursday with some of his toughest rhetoric yet toward Wall Street, saying: "We want our money back, and we're going to get it."
New York’s Cuomo Demands Bonus Data From Bailed-Out Banks
New York Attorney General Andrew Cuomo’s office demanded information on executive pay from Bank of America Corp., Goldman Sachs Group Inc. and six other U.S. financial institutions that received taxpayer bailout funds.