UK reports aim to clear confusion surrounding tax avoidance

The level of tax paid by some of the multinational companies operating in the UK and the schemes used to reduce the tax bills of wealthy individuals are the subject of much public debate. Researchers from the Oxford University ...

Japan's NEC sees $1.36 billion net loss

Japanese IT firm NEC said Friday it lost $1.36 billion in the year to March as asset write-downs and tax payments hit its bottom line, even as operating profit rose.

Study looks at effect of high foreclosure rates on local tax bases

(PhysOrg.com) -- Foreclosed homes and unsustainable growth can wreck the tax base of local governments. That’s the warning being issued by Auburn University’s Center for Governmental Services following its study of newly ...

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