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Ebay’s Double Tax Base Prompts Calls For Investigation

Britain and Germany may have missed out on a combined $1 billion (623 million pounds) in sales tax since online marketplace eBay picked a tiny Luxembourg office as its base for EU sales, a shift that lawmakers say should now be investigated. EBay's nomination of Luxembourg unit eBay Europe Sarl - with a staff of nine - as its provider of services to EU clients allows it to charge customers in Europe a low r ...

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German Parliament Sends ‘Google Tax’ To Committee

German lawmakers are sending legislation on possible copyright restrictions on Internet search engines, commonly called the "Google Tax," to an expert committee for further review. The levy, being pushed by publishers, would require search engines to pay each time they link to media content like newspaper articles or photographs. ‚Ä® After a debate that began close to midnight, Parliament said Friday the matt ...

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First Cracks In GOP Stance On Higher Tax Rates

The first cracks are developing among Republicans over whether to accept a quick deal with President Barack Obama on allowing the top two income tax rates to expire, even as an administration official said the White House was stepping up behind-the-scenes negotiations. Conservative Oklahoma GOP Rep. Tom Cole told GOP colleagues in a private meeting Tuesday that it's better to make sure that tax cuts for the ...

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10 Things You Need to Know About the Affordable Care Act

As the Affordable Care Act moves quickly to its implementation, there are a number of questions consumers have about how it will really impact their lives. While there is still time for most of the law to take effect, there will be substantial changes for consumers, employers, states, insurance companies and doctors. Here are a few questions that may help consumers better understand how the Affordable Care ...

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Obamacare’s Real Costs

First of all, allow me to disabuse you of the notion that Obamacare has anything to do with ‚Äúhealth‚ÄĚ care. Obamacare is not about health. It‚Äôs not about lowering the cost of health insurance. And it‚Äôs not about ensuring that everyone is insured. It is about locking more Americans into the clutches of the Big Pharma/Medical Industrial complex, providing more customers for Big Insurance and confiscating more ...

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FAIL: World’s First Fat-Sugar Tax In Denmark To Be Dismantled

Some would say you can't tax people into good health, but an unfazed Denmark tried to set a Utopian example for the rest of the world last year when they began taxing fatty junk foods and chocolate ... also called the fat-sugar tax. To the Danish, it seemed like a win-win for all. It would deter obesity-prone people from overindulging, and would further line the country's coffers if citizens lacked restrain ...

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Lap Dance Tax? New York Court Rules Stripping Isn’t Art

A nearly split court decided that lap dancers should not get a tax break. The Los Angeles Timesreported that in a decision that was 4-3, New York state's court of appeals ruled that lap dances are not exempt from state taxes because they do not" promote cultural or artistic performances in local communities." The court ruled that Nite Moves strip club in Albany, New York was not exempt from paying taxes in ...

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Obama DOES Have Investments In Cayman Islands Trust

One of the many tense moments in the second presidential debate turned on a new topic in the race: President Barack Obama’s pension account. Here’s how it came up: Early in the face-off, Obama scoffed at Mitt Romney’s pledge to crack down on unfair trading practices by China, saying Romney is currently invested in companies "that are building surveillance equipment for China to spy on its own folks." Romney ...

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