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Рада: назвали депутатів-прогульників | Новини на Gazeta.ua

Рада: назвали депутатів-прогульників | Новини на Gazeta.ua
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Boxlight (BOXL) Buys Interactive Concepts, Eyes Western Europe

Boxlight (BOXL) Buys Interactive Concepts, Eyes Western Europe
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9-year-old boy killed in Detroit by car driving wrong direction on one-way street

9-year-old boy killed in Detroit by car driving wrong direction on one-way street
clickondetroit.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from clickondetroit.com Daily Mail and Mail on Sunday newspapers.

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Alleged gun, cocaine and amphetamine gang members in court

Alleged gun, cocaine and amphetamine gang members in court
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State to Study Impact of Corporate Tax Avoidance

Michael Pope reports
In recent years, concerns have been growing that corporations are finding new and creative ways to avoid paying taxes.
Chris Wodicka at the Commonwealth Institute says Virginia allows too many big businesses to dodge paying their fair share. Corporations have become much more sophisticated in how they strategize around reducing their state taxes by being able to move profits between different states and subsidiaries. The solution, he says, is combining the reporting of parent companies with their subsidiaries and related companies.
But Jared Walczak at the Tax Foundation says that combined reporting approach might end up being overly complicated and ultimately counterproductive. You may be adding a subsidiary or an affiliated company in another state that has no sales in Virginia. That actually reduces the amount you can tax the in-state company. So it s not always a pro. There are ways in which this can actually lose revenue. ....

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