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  1. IRS Audits Google's Off-Shore Tax Strategies

    Google's profit reporting for and the distribution of "intangibles" to foreign divisions is under review by the IRS, which is reviewing for illegal tax evasion strategies. The current multinational tax tactics used by Google save the company...

  2. Malta continues to grow market share in Ucits hedge funds

    Malta’s choice as a domicile for a Ucits hedge fund is usually based on several factors including the efficiency and flexibility of the Malta Financial Services Authority (MFSA), quality support services available in the jurisdiction, relatively...

  3. Tax concerns remain top of the agenda

    It is important that each fund’s activities are carefully reviewed by competent and experienced tax professionals to ensure a particular fund is structured and business is conducted in the most tax-efficient manner possible,” he concludes.Anthony...

  4. ABC News Nightline Story Looks at NACA's Save the Dream Tour

    But, to achieve an affordable solution, participants also need to bring the following documents to one of NACA's Save the Dream events: a) Pay Stubs (most recent available 30 days) b) Monthly Mortgage Statement (most recent available) c) Property...

  5. What they say about BVI

    The tax neutrality of the BVI allows international business deals to happen, which ultimately benefits these countries. But he admits there is little the BVI can do to shape international policies and says legislative changes such as the proposed...

  6. BVI legal experts meet restructuring challenges

    In 2004 the BVI Business Companies Act was enacted in response to international pressure against “unfair tax competition” from offshore jurisdictions. The initial investment of the majority of such investors must not be less than $100,000 or its...

  7. Preparing for a legislative onslaught

    We have made it a point to comply as far as possible with the OECD rules in letter and in spirit.Following the G20 meeting on April 2, the OECD placed international financial centres on three separate lists, ranging from a white list of fully...

  8. Microsoft's Net Income Increases by 2%

    Microsoft's ability to attract and retain talented employees; delays in product development and related product release schedules; significant business investments that may not gain customer acceptance and produce offsetting increases in revenue...

  9. Baidu's Profit Increases 91% in Third Quarter 2008

    Income tax expense was RMB34.8 million (US$5.1 million), compared to an income tax expense of RMB2.6 million in the third quarter of 2007. The year- on-year increase in tax expenses was due to higher tax rates applicable to some of our PRC...