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Hutchison Warns Off Possible Indian Tax Liability in Sale to Vodafone (Cellular-News.com)
Hutchison Telecom International has accepted that it might have to make some payments in regards to the ongoing tax dispute in India over the sale of its stake in Hutchison Essar to Vodafone in May 2007. Although the transaction technically occurred outside India, the government has been suing Vodafone for up to US$2 billion in sales tax that it claims is owed to it. Tobacco tax won't balance budget (Sky News Australia)
Increasing tax on cigarettes will not help solve 'challenges' in the federal budget's bottom line, Treasurer Wayne Swan says. Tax credit for first-time homebuyers boosts market (Dallas Morning News)
Earlier this year when federal lawmakers voted to give first-time homebuyers a tax incentive, they hoped the move would boost home sales. Accrington Stanley confident on deal to pay tax bill in instalments (Lancashire Telegraph)
ACCRINGTON Stanley chiefs are hopeful that they can strike a deal to repay their tax bill in instalments to avoid going out of business. Tax credit could help some at closing (The Columbus Dispatch)
The Obama administration has put out the official word: Starting soon, first-time home buyers can turn their $8,000 federal tax credits into cash for use at closing if they use Federal Housing Administration mortgage financing. Tax break bills abound, few approved (The Shreveport Times)
Plans to grant practically everyone in the state a tax break this year have taken a back seat to trying to manage a faltering budget. Sugar Hill tax creed: Save (Atlanta Journal-Constitution)
This Monday, the Sugar Hill City Council will vote on a proposed budget that keeps the property tax rate at its current millage rate. Higher tax rate may lead to fishy tactics (The Nation - Thailand's English news)
When the British government last April announced a tax rate rise, some people involved with English football believed the new scheme will hurt the Premier League's competitiveness. Home buyers' tax credit can be turned into cash at closing (Los Angeles Times)
Buyers who use FHA financing soon will be able to use their $8,000 tax credits for settlement fees, escrow charges, higher down payments or to "buy down" the interest rate. The Obama administration has put out the official word: Starting soon, first-time home buyers nationwide will be able to turn their $8,000 federal tax credits into cash for use at closing if they use Federal Housing ... Tobacco tax won't balance budget (BigPond News)
Increasing tax on cigarettes will not help solve 'challenges' in the federal budget's bottom line.
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